JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Hits New 1-Year High – Here’s Why

Shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $64.30 and last traded at $64.25, with a volume of 302181 shares trading hands. The stock had previously closed at $63.59.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Price Performance

The stock has a market capitalization of $6.16 billion, a P/E ratio of 17.74 and a beta of 0.87. The company’s 50 day simple moving average is $59.53 and its two-hundred day simple moving average is $57.43.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 398.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 469 shares of the company’s stock worth $26,000 after buying an additional 375 shares in the last quarter. BOKF NA bought a new position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the fourth quarter worth about $41,000. Osaic Holdings Inc. lifted its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 20.2% during the second quarter. Osaic Holdings Inc. now owns 2,732 shares of the company’s stock worth $149,000 after purchasing an additional 459 shares in the last quarter. Seven Mile Advisory acquired a new position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the third quarter worth approximately $201,000. Finally, Ameriprise Financial Inc. bought a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the third quarter valued at approximately $212,000.

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.