JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) Shares Down 0.1% – What’s Next?

JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) fell 0.1% during trading on Thursday . The stock traded as low as $66.30 and last traded at $67.15. 6,608 shares were traded during trading, a decline of 85% from the average session volume of 45,444 shares. The stock had previously closed at $67.22.

JPMorgan BetaBuilders Emerging Markets Equity ETF Trading Down 0.1%

The stock has a 50-day moving average of $68.89 and a two-hundred day moving average of $65.75. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 14.49 and a beta of 0.59.

JPMorgan BetaBuilders Emerging Markets Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Tuesday, December 23rd were issued a $0.9431 dividend. This represents a $3.77 annualized dividend and a dividend yield of 5.6%. The ex-dividend date was Tuesday, December 23rd.

Institutional Investors Weigh In On JPMorgan BetaBuilders Emerging Markets Equity ETF

A number of large investors have recently made changes to their positions in the company. Titleist Asset Management LLC purchased a new stake in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF in the 4th quarter valued at approximately $286,000. Bank of America Corp DE purchased a new position in JPMorgan BetaBuilders Emerging Markets Equity ETF during the 3rd quarter worth approximately $303,000. Hsbc Holdings PLC raised its stake in JPMorgan BetaBuilders Emerging Markets Equity ETF by 75.5% during the 2nd quarter. Hsbc Holdings PLC now owns 12,200 shares of the company’s stock valued at $710,000 after purchasing an additional 5,250 shares during the period. Citadel Advisors LLC acquired a new stake in JPMorgan BetaBuilders Emerging Markets Equity ETF during the 3rd quarter valued at $2,310,000. Finally, Susquehanna International Group LLP lifted its holdings in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF by 94.6% in the third 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 in the last quarter.

JPMorgan BetaBuilders Emerging Markets Equity ETF Company 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.