JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) Reaches New 52-Week High – Should You Buy?

JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEMGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $74.06 and last traded at $73.75, with a volume of 4776 shares. The stock had previously closed at $72.29.

JPMorgan BetaBuilders Emerging Markets Equity ETF Trading Down 0.3%

The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 14.49 and a beta of 0.59. The firm has a 50-day moving average of $69.14 and a two-hundred day moving average of $67.05.

Hedge Funds Weigh In On JPMorgan BetaBuilders Emerging Markets Equity ETF

Large investors have recently made changes to their positions in the business. Titleist Asset Management LLC acquired a new position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF during the 4th quarter worth about $286,000. Bank of America Corp DE acquired a new position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF during the 3rd quarter worth about $303,000. Hsbc Holdings PLC lifted its position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF by 31.1% during the 4th quarter. Hsbc Holdings PLC now owns 25,911 shares of the company’s stock worth $1,649,000 after purchasing an additional 6,140 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF during the 3rd quarter worth about $2,310,000. Finally, Susquehanna International Group LLP lifted its position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF by 94.6% during the 3rd quarter. Susquehanna International Group LLP now owns 179,204 shares of the company’s stock worth $11,345,000 after purchasing an additional 87,123 shares during the last quarter.

About JPMorgan BetaBuilders Emerging Markets Equity ETF

(Get Free Report)

The JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-capitalization companies in emerging markets. BBEM was launched on May 10, 2023 and is managed by JPMorgan Chase.

Further Reading

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