JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) Share Price Breaks Above 200 Day Moving Average – Here’s What Happened

Shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $77.78 and traded as high as $79.38. JPMorgan BetaBuilders International Equity ETF shares last traded at $79.32, with a volume of 141,589 shares traded.

JPMorgan BetaBuilders International Equity ETF Stock Up 2.5%

The firm has a 50 day moving average of $78.75 and a two-hundred day moving average of $77.78. The firm has a market capitalization of $6.44 billion, a price-to-earnings ratio of 16.24 and a beta of 0.84.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC boosted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 2.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 2,375,055 shares of the company’s stock valued at $185,444,000 after purchasing an additional 59,304 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 2.2% during the 1st quarter. Cetera Investment Advisers now owns 383,821 shares of the company’s stock valued at $28,065,000 after purchasing an additional 8,416 shares during the last quarter. Gateway Wealth Partners LLC increased its position in JPMorgan BetaBuilders International Equity ETF by 138.6% during the 1st quarter. Gateway Wealth Partners LLC now owns 225,948 shares of the company’s stock worth $16,521,000 after purchasing an additional 131,239 shares in the last quarter. WNY Asset Management LLC acquired a new position in JPMorgan BetaBuilders International Equity ETF during the 1st quarter worth approximately $15,155,000. Finally, Graney & King LLC increased its position in JPMorgan BetaBuilders International Equity ETF by 10.1% during the 1st quarter. Graney & King LLC now owns 148,332 shares of the company’s stock worth $10,846,000 after purchasing an additional 13,554 shares in the last quarter.

JPMorgan BetaBuilders International Equity ETF Company Profile

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.