Short Interest in JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) Decreases By 62.4%

JPMorgan BetaBuilders Emerging Markets Equity ETF (BATS:BBEM) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 28,558 shares, a decrease of 62.4% from the June 30th total of 75,959 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,439 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Trading of JPMorgan BetaBuilders Emerging Markets Equity ETF

Several large investors have recently modified their holdings of BBEM. JPMorgan Chase & Co. increased its position in shares of JPMorgan BetaBuilders Emerging Markets Equity ETF by 3.9% in the fourth quarter. JPMorgan Chase & Co. now owns 11,201,230 shares of the company’s stock worth $712,734,000 after purchasing an additional 418,920 shares during the period. Hsbc Holdings PLC lifted its position in JPMorgan BetaBuilders Emerging Markets Equity ETF by 31.1% during the fourth quarter. Hsbc Holdings PLC now owns 25,911 shares of the company’s stock worth $1,649,000 after purchasing an additional 6,140 shares during the period. Titleist Asset Management LLC bought a new stake in JPMorgan BetaBuilders Emerging Markets Equity ETF during the fourth quarter worth about $286,000. Bank of America Corp DE acquired a new stake in JPMorgan BetaBuilders Emerging Markets Equity ETF during the third quarter worth about $303,000. Finally, Susquehanna International Group LLP grew its stake in JPMorgan BetaBuilders Emerging Markets Equity ETF by 94.6% during the third quarter. Susquehanna International Group LLP now owns 179,204 shares of the company’s stock worth $11,345,000 after buying an additional 87,123 shares in the last quarter.

JPMorgan BetaBuilders Emerging Markets Equity ETF Price Performance

JPMorgan BetaBuilders Emerging Markets Equity ETF stock opened at $73.61 on Tuesday. The firm has a market cap of $1.30 billion, a PE ratio of 14.49 and a beta of 0.59. The stock’s fifty day moving average price is $77.19 and its two-hundred day moving average price is $72.42. JPMorgan BetaBuilders Emerging Markets Equity ETF has a one year low of $58.15 and a one year high of $82.68.

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.