JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX)’s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $61.99 and traded as high as $63.63. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF shares last traded at $63.57, with a volume of 288,785 shares changing hands.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Up 2.6%

The stock has a market capitalization of $6.09 billion, a price-to-earnings ratio of 17.74 and a beta of 0.87. The company’s fifty day simple moving average is $62.78 and its 200 day simple moving average is $61.99.

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

Several institutional investors have recently added to or reduced their stakes in BBAX. Parallel Advisors LLC acquired a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 3rd quarter valued at $26,000. CX Institutional acquired a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the third quarter worth $31,000. NewEdge Advisors LLC lifted its holdings 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 buying an additional 275 shares in the last quarter. Arlington Trust Co LLC boosted its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 229.5% in the second quarter. Arlington Trust Co LLC now owns 2,745 shares of the company’s stock valued at $164,000 after acquiring an additional 1,912 shares during the period. Finally, Financial Management Professionals Inc. bought a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the second quarter valued at about $9,298,000.

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.