JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Reaches New 12-Month High – Still a Buy?

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $65.51 and last traded at $65.50, with a volume of 5619 shares traded. The stock had previously closed at $65.05.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Performance

The firm has a market cap of $6.25 billion, a PE ratio of 17.74 and a beta of 0.87. The stock’s fifty day moving average price is $62.57 and its 200-day moving average price is $61.90.

Institutional Trading of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

A number of institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 2.8% in the fourth quarter. JPMorgan Chase & Co. now owns 83,723,892 shares of the company’s stock valued at $4,713,655,000 after buying an additional 2,271,983 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 4th quarter worth about $9,936,000. Financial Management Professionals Inc. purchased a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 2nd quarter worth about $9,298,000. Brown Brothers Harriman & Co. grew its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 3.4% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 6,548 shares of the company’s stock valued at $369,000 after acquiring an additional 218 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 2nd quarter valued at about $291,000.

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.