Citadel Advisors LLC Makes New $2.13 Million Investment in JPMorgan BetaBuilders Emerging Markets Equity ETF $BBEM

Citadel Advisors LLC bought a new stake in JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 26,967 shares of the company’s stock, valued at approximately $2,127,000. Citadel Advisors LLC owned 0.15% of JPMorgan BetaBuilders Emerging Markets Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in BBEM. Bank of Nova Scotia purchased a new position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the 1st quarter valued at about $5,837,000. JPMorgan Chase & Co. boosted its holdings in JPMorgan BetaBuilders Emerging Markets Equity ETF by 3.9% during the fourth quarter. JPMorgan Chase & Co. now owns 11,201,230 shares of the company’s stock worth $712,734,000 after buying an additional 418,920 shares in the last quarter. Bank of America Corp DE acquired a new position in JPMorgan BetaBuilders Emerging Markets Equity ETF during the third quarter worth about $303,000. Hsbc Holdings PLC increased its holdings in JPMorgan BetaBuilders Emerging Markets Equity ETF by 31.1% in the fourth quarter. Hsbc Holdings PLC now owns 25,911 shares of the company’s stock valued at $1,649,000 after buying an additional 6,140 shares in the last quarter. Finally, Royal Bank of Canada purchased a new position in JPMorgan BetaBuilders Emerging Markets Equity ETF in the first quarter valued at about $166,000.

JPMorgan BetaBuilders Emerging Markets Equity ETF Trading Down 0.0%

BBEM stock opened at $78.81 on Wednesday. The firm has a 50 day moving average of $75.87 and a 200-day moving average of $74.07. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 14.49 and a beta of 0.59. JPMorgan BetaBuilders Emerging Markets Equity ETF has a 12-month low of $61.54 and a 12-month high of $82.68.

JPMorgan BetaBuilders Emerging Markets Equity ETF Company Profile

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.