JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Reaches New 12-Month High – Here’s What Happened

Shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) reached a new 52-week high on Wednesday . The company traded as high as $64.42 and last traded at $64.20, with a volume of 179758 shares trading hands. The stock had previously closed at $63.67.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Trading Up 0.0%

The stock has a 50 day moving average of $61.14 and a 200-day moving average of $61.11. The company has a market capitalization of $6.10 billion, a P/E ratio of 17.74 and a beta of 0.87.

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

Hedge funds have recently modified their holdings of the company. Brown Brothers Harriman & Co. boosted its stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 3.4% in the third quarter. Brown Brothers Harriman & Co. now owns 6,548 shares of the company’s stock worth $369,000 after acquiring an additional 218 shares during the period. NewEdge Advisors LLC grew its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 109.6% during the first quarter. NewEdge Advisors LLC now owns 526 shares of the company’s stock worth $31,000 after purchasing an additional 275 shares in the last quarter. Osaic Holdings Inc. raised 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 during the period. BOKF NA bought a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 4th quarter valued at approximately $41,000. Finally, Arlington Trust Co LLC lifted its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 229.5% in the 2nd quarter. Arlington Trust Co LLC now owns 2,745 shares of the company’s stock worth $164,000 after purchasing an additional 1,912 shares in the last quarter.

About JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

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.