JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Trading 1.3% Higher – What’s Next?

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX)’s stock price traded up 1.3% on Thursday . The stock traded as high as $49.26 and last traded at $49.13. 417,276 shares changed hands during mid-day trading, The stock had previously closed at $48.50.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Up 1.3 %

The business’s fifty day moving average is $50.43 and its 200-day moving average is $50.71. The company has a market cap of $4.70 billion, a PE ratio of 13.86 and a beta of 0.99.

Institutional Trading of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Financial Management Professionals Inc. acquired a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 3rd quarter worth about $7,132,000. Icon Wealth Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the third quarter worth approximately $394,000. Finally, Brown Brothers Harriman & Co. increased its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 589.8% during the second quarter. Brown Brothers Harriman & Co. now owns 876 shares of the company’s stock worth $42,000 after purchasing an additional 749 shares in the last quarter.

About JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

The JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed-market Asian countries, excluding Japan. BBAX was launched on Aug 7, 2018 and is managed by JPMorgan Chase.