JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Sets New 12-Month High – Time to Buy?

Shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $63.47 and last traded at $63.4180, with a volume of 126383 shares changing hands. The stock had previously closed at $62.90.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Performance

The stock has a market capitalization of $6.10 billion, a P/E ratio of 17.74 and a beta of 0.87. The business has a 50-day moving average price of $58.93 and a 200 day moving average price of $57.19.

Institutional Investors Weigh In On JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

A number of institutional investors have recently modified their holdings of BBAX. Dorsey & Whitney Trust CO LLC raised its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 10.0% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 6,421 shares of the company’s stock worth $350,000 after purchasing an additional 585 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 2nd quarter valued at about $291,000. Osaic Holdings Inc. increased its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 20.2% during the 2nd quarter. Osaic Holdings Inc. now owns 2,732 shares of the company’s stock valued at $149,000 after purchasing an additional 459 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 398.9% in 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 during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 1.9% in the third quarter. JPMorgan Chase & Co. now owns 81,451,909 shares of the company’s stock worth $4,589,001,000 after buying an additional 1,526,729 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.