Northwestern Mutual Wealth Management Co. Cuts Stake in JPMorgan BetaBuilders International Equity ETF $BBIN

Northwestern Mutual Wealth Management Co. lowered its holdings in shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 49.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 29,724 shares of the company’s stock after selling 29,403 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan BetaBuilders International Equity ETF were worth $2,006,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Vestmark Advisory Solutions Inc. lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 113.1% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 1,766,430 shares of the company’s stock valued at $119,234,000 after acquiring an additional 937,560 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 16.9% during the first quarter. Integrated Wealth Concepts LLC now owns 1,645,062 shares of the company’s stock valued at $101,180,000 after purchasing an additional 238,257 shares during the period. Jones Financial Companies Lllp purchased a new stake in shares of JPMorgan BetaBuilders International Equity ETF during the first quarter valued at approximately $6,872,000. OLD Mission Capital LLC bought a new position in shares of JPMorgan BetaBuilders International Equity ETF in the first quarter worth approximately $7,047,000. Finally, Pallas Capital Advisors LLC increased its stake in shares of JPMorgan BetaBuilders International Equity ETF by 34.7% in the second quarter. Pallas Capital Advisors LLC now owns 408,701 shares of the company’s stock worth $27,587,000 after buying an additional 105,347 shares during the period.

JPMorgan BetaBuilders International Equity ETF Stock Up 11.4%

BATS:BBIN opened at $72.27 on Friday. The firm has a market capitalization of $5.87 billion, a P/E ratio of 16.24 and a beta of 0.84. The company has a fifty day moving average of $70.98 and a 200 day moving average of $69.01. JPMorgan BetaBuilders International Equity ETF has a 52 week low of $54.47 and a 52 week high of $69.22.

JPMorgan BetaBuilders International Equity ETF 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.