JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Hits New 1-Year High – Here’s Why

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX)’s share price reached a new 52-week high on Thursday . The company traded as high as $64.30 and last traded at $64.25, with a volume of 302181 shares traded. The stock had previously closed at $63.59.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Price Performance

The company has a market capitalization of $6.16 billion, a P/E ratio of 17.74 and a beta of 0.87. The stock’s fifty day simple moving average is $59.53 and its 200-day simple moving average is $57.43.

Hedge Funds Weigh In On JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

Several large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 1.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 81,451,909 shares of the company’s stock worth $4,589,001,000 after purchasing an additional 1,526,729 shares during the period. Syon Capital LLC lifted its stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 27.5% in the third quarter. Syon Capital LLC now owns 47,295 shares of the company’s stock valued at $2,665,000 after buying an additional 10,212 shares during the period. Farther Finance Advisors LLC grew its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 398.9% during the third quarter. Farther Finance Advisors LLC now owns 469 shares of the company’s stock worth $26,000 after buying an additional 375 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 10.0% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 6,421 shares of the company’s stock valued at $350,000 after acquiring an additional 585 shares during the period. Finally, Brown Brothers Harriman & Co. raised its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 3.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 6,548 shares of the company’s stock valued at $369,000 after acquiring an additional 218 shares in the last quarter.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Company Profile

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.