JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Reaches New 52-Week High – Should You Buy?

JPMorgan BetaBuilders Japan ETF (BATS:BBJP) shares reached a new 52-week high on Monday . The company traded as high as $78.38 and last traded at $78.35, with a volume of 39946 shares traded. The stock had previously closed at $77.94.

JPMorgan BetaBuilders Japan ETF Trading Down 4.1%

The firm has a 50 day moving average of $74.18 and a two-hundred day moving average of $71.53. The stock has a market capitalization of $16.13 billion, a PE ratio of 14.47 and a beta of 0.65.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Atlantic Union Bankshares Corp acquired a new stake in JPMorgan BetaBuilders Japan ETF in the 4th quarter valued at about $28,000. Eastern Bank acquired a new position in JPMorgan BetaBuilders Japan ETF during the fourth quarter worth about $42,000. Signaturefd LLC acquired a new position in JPMorgan BetaBuilders Japan ETF during the fourth quarter worth about $42,000. NewEdge Advisors LLC lifted its holdings in shares of JPMorgan BetaBuilders Japan ETF by 84.4% in the first quarter. NewEdge Advisors LLC now owns 723 shares of the company’s stock valued at $50,000 after purchasing an additional 331 shares in the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF in the third quarter valued at about $48,000.

JPMorgan BetaBuilders Japan ETF Company Profile

The JPMorgan BetaBuilders Japan ETF (BBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of Japanese large- and mid-cap stocks. BBJP was launched on Jun 15, 2018 and is managed by JPMorgan Chase.