Financial Management Professionals Inc. Makes New Investment in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF $BBAX

Financial Management Professionals Inc. acquired a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 155,296 shares of the company’s stock, valued at approximately $9,298,000. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF accounts for approximately 0.9% of Financial Management Professionals Inc.’s investment portfolio, making the stock its 23rd biggest position.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 2.8% during the 4th quarter. JPMorgan Chase & Co. now owns 83,723,892 shares of the company’s stock worth $4,713,655,000 after purchasing an additional 2,271,983 shares during the period. Atlas Capital Advisors Inc. bought a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the fourth quarter valued at about $9,936,000. Brown Brothers Harriman & Co. grew its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 3.4% during the third quarter. Brown Brothers Harriman & Co. now owns 6,548 shares of the company’s stock valued at $369,000 after buying an additional 218 shares during the period. Flow Traders U.S. LLC purchased a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the second quarter worth about $291,000. Finally, Ameriprise Financial Inc. purchased a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the third quarter worth about $212,000.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Performance

Shares of BBAX stock opened at $64.88 on Tuesday. The firm has a market cap of $6.22 billion, a price-to-earnings ratio of 17.74 and a beta of 0.87. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF has a 52 week low of $53.84 and a 52 week high of $65.46. The firm’s 50-day simple moving average is $61.64 and its two-hundred day simple moving average is $61.54.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF 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.