|Bid||57.25 x 1300|
|Ask||57.26 x 900|
|Day's Range||56.99 - 57.28|
|52 Week Range||41.40 - 59.91|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||1.65%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.19%|
J.P. Morgan Asset Management today announced that the Board of Trustees of the J.P. Morgan Exchange-Traded Fund Trust has approved a reverse split of the shares of each of the following six ETFs: JPMorgan BetaBuilders 1-5 Year U.S. Aggregate Bond ETF (CBOE: BBSA), JPMorgan BetaBuilders Canada ETF (CBOE: BBCA), JPMorgan BetaBuilders Developed Asia ex-Japan ETF (CBOE: BBAX), JPMorgan BetaBuilders Europe ETF (CBOE: BBEU), JPMorgan BetaBuilders Japan ETF (CBOE: BBJP) and JPMorgan U.S. Aggregate Bond ETF (NYSE Arca: JAGG).
Exchange-traded funds (ETFs) focused on Japan provide investors with exposure to the country's economic growth and business profits. Japan has one of the largest economies in the world, despite having suffered a financial crisis in 1991, a subsequent "lost decade" of sluggish growth, and continued struggles with deflationary pressures.
A new deal between Morningstar and iShares could shake up the growth space.