JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) Trading Down 0.2%

Shares of JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) dropped 0.2% on Friday . The stock traded as low as $53.73 and last traded at $53.73. Approximately 7 shares traded hands during mid-day trading, The stock had previously closed at $53.82.

JPMorgan BetaBuilders Emerging Markets Equity ETF Stock Performance

The firm’s 50-day moving average is $52.60 and its two-hundred day moving average is $51.89. The stock has a market cap of $612.57 million, a P/E ratio of 14.38 and a beta of 0.84.

Institutional Investors Weigh In On JPMorgan BetaBuilders Emerging Markets Equity ETF

An institutional investor recently raised its position in JPMorgan BetaBuilders Emerging Markets Equity ETF stock. Jane Street Group LLC raised its holdings in JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) by 9.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 96,820 shares of the company’s stock after acquiring an additional 8,476 shares during the quarter. Jane Street Group LLC owned about 0.85% of JPMorgan BetaBuilders Emerging Markets Equity ETF worth $4,884,000 as of its most recent SEC filing.

About JPMorgan BetaBuilders Emerging Markets Equity ETF

The JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-capitalization companies in emerging markets. BBEM was launched on May 10, 2023 and is managed by JPMorgan Chase.