JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Hits New 52-Week High – What’s Next?

Shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) hit a new 52-week high during trading on Wednesday . The stock traded as high as $79.18 and last traded at $79.05, with a volume of 27215 shares traded. The stock had previously closed at $77.74.

JPMorgan BetaBuilders Japan ETF Stock Up 1.9%

The company has a market cap of $17.05 billion, a PE ratio of 14.47 and a beta of 0.65. The stock’s 50 day simple moving average is $75.31 and its two-hundred day simple moving average is $73.23.

Hedge Funds Weigh In On JPMorgan BetaBuilders Japan ETF

A number of large investors have recently modified their holdings of BBJP. Atlantic Union Bankshares Corp purchased a new position in JPMorgan BetaBuilders Japan ETF in the fourth quarter valued at approximately $28,000. Ares Financial Consulting LLC acquired a new position in JPMorgan BetaBuilders Japan ETF during the second quarter valued at approximately $32,000. Signaturefd LLC acquired a new position in JPMorgan BetaBuilders Japan ETF during the fourth quarter valued at approximately $42,000. NewEdge Advisors LLC grew its stake in JPMorgan BetaBuilders Japan ETF by 84.4% during the first quarter. NewEdge Advisors LLC now owns 723 shares of the company’s stock worth $50,000 after buying an additional 331 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in JPMorgan BetaBuilders Japan ETF during the third quarter worth approximately $48,000.

About JPMorgan BetaBuilders Japan ETF

The JPMorgan BetaBuilders Japan ETF (BBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of Japanese large- and mid-cap stocks. BBJP was launched on Jun 15, 2018 and is managed by JPMorgan Chase.