JPMorgan Chase & Co. Raises Position in JPMorgan BetaBuilders Japan ETF $BBJP

JPMorgan Chase & Co. grew its stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 1.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,418,534 shares of the company’s stock after purchasing an additional 2,023,649 shares during the quarter. JPMorgan BetaBuilders Japan ETF makes up about 0.5% of JPMorgan Chase & Co.’s holdings, making the stock its 25th largest position. JPMorgan Chase & Co. owned approximately 63.36% of JPMorgan BetaBuilders Japan ETF worth $9,047,277,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Allworth Financial LP raised its position in JPMorgan BetaBuilders Japan ETF by 293.6% in the 2nd quarter. Allworth Financial LP now owns 433 shares of the company’s stock valued at $27,000 after buying an additional 323 shares during the last quarter. Caldwell Trust Co bought a new stake in shares of JPMorgan BetaBuilders Japan ETF in the 2nd quarter worth $27,000. Jones Financial Companies Lllp raised its holdings in shares of JPMorgan BetaBuilders Japan ETF by 1,229.4% in the third quarter. Jones Financial Companies Lllp now owns 452 shares of the company’s stock valued at $30,000 after purchasing an additional 418 shares during the last quarter. Hantz Financial Services Inc. bought a new position in shares of JPMorgan BetaBuilders Japan ETF during the third quarter valued at about $30,000. Finally, Activest Wealth Management bought a new position in shares of JPMorgan BetaBuilders Japan ETF during the third quarter valued at about $65,000.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BBJP stock opened at $76.52 on Friday. JPMorgan BetaBuilders Japan ETF has a 52-week low of $49.03 and a 52-week high of $76.88. The company has a 50-day simple moving average of $69.45 and a two-hundred day simple moving average of $67.67. The company has a market capitalization of $16.47 billion, a price-to-earnings ratio of 14.47 and a beta of 0.65.

JPMorgan BetaBuilders Japan ETF Company Profile

The JPMorgan BetaBuilders Japan ETF (BBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of Japanese large- and mid-cap stocks. BBJP was launched on Jun 15, 2018 and is managed by JPMorgan Chase.