JPMorgan Chase & Co. Has $613.24 Million Stock Position in JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM)

JPMorgan Chase & Co. boosted its holdings in JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,023,468 shares of the company’s stock after purchasing an additional 130,081 shares during the quarter. JPMorgan Chase & Co. owned about 96.70% of JPMorgan BetaBuilders Emerging Markets Equity ETF worth $613,236,000 at the end of the most recent quarter.

Separately, Flow Traders U.S. LLC bought a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the 3rd quarter valued at $6,558,000.

JPMorgan BetaBuilders Emerging Markets Equity ETF Stock Down 0.3 %

JPMorgan BetaBuilders Emerging Markets Equity ETF stock opened at $51.65 on Friday. The firm has a market cap of $588.80 million, a P/E ratio of 14.38 and a beta of 0.84. The company’s 50-day moving average is $53.23 and its two-hundred day moving average is $53.30.

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.