JPMorgan Chase & Co. Buys 418,920 Shares of JPMorgan BetaBuilders Emerging Markets Equity ETF $BBEM

JPMorgan Chase & Co. grew its stake in JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) by 3.9% during the 4th quarter, HoldingsChannel reports. The firm owned 11,201,230 shares of the company’s stock after acquiring an additional 418,920 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.64% of JPMorgan BetaBuilders Emerging Markets Equity ETF worth $712,734,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Bank of America Corp DE bought a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the 3rd quarter valued at approximately $303,000. Citadel Advisors LLC bought a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the 3rd quarter valued at approximately $2,310,000. Finally, Susquehanna International Group LLP grew its stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF by 94.6% in the 3rd quarter. Susquehanna International Group LLP now owns 179,204 shares of the company’s stock valued at $11,345,000 after purchasing an additional 87,123 shares during the period.

JPMorgan BetaBuilders Emerging Markets Equity ETF Trading Down 0.0%

BBEM stock opened at $75.90 on Wednesday. JPMorgan BetaBuilders Emerging Markets Equity ETF has a 1-year low of $56.57 and a 1-year high of $81.72. The firm has a market cap of $1.34 billion, a P/E ratio of 14.49 and a beta of 0.59. The business’s 50 day moving average is $73.93 and its 200-day moving average is $69.38.

JPMorgan BetaBuilders Emerging Markets Equity ETF Profile

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.