JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Stock Breaks Below Two Hundred Day Moving Average – What’s Next?

JPMorgan BetaBuilders Japan ETF (BATS:BBJP – Get Free Report) shares crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $74.51 and traded as low as $71.58. JPMorgan BetaBuilders Japan ETF shares last traded at $71.62, with a volume of 1,785,006 shares.

JPMorgan BetaBuilders Japan ETF Trading Down 5.7%

The firm has a market cap of $15.42 billion, a price-to-earnings ratio of 14.47 and a beta of 0.65. The stock has a fifty day moving average price of $77.70 and a 200 day moving average price of $74.51.

Institutional Investors Weigh In On JPMorgan BetaBuilders Japan ETF

Large investors have recently added to or reduced their stakes in the stock. Joel Isaacson & Co. LLC bought a new position in shares of JPMorgan BetaBuilders Japan ETF in the third quarter worth about $262,000. Jacobi Capital Management LLC lifted its position in shares of JPMorgan BetaBuilders Japan ETF by 0.6% during the 3rd quarter. Jacobi Capital Management LLC now owns 209,263 shares of the company’s stock worth $16,427,000 after purchasing an additional 1,256 shares during the last quarter. Brighton Jones LLC bought a new stake in JPMorgan BetaBuilders Japan ETF during the 3rd quarter valued at approximately $209,000. AlphaCentric Advisors LLC boosted its stake in JPMorgan BetaBuilders Japan ETF by 9.4% during the 3rd quarter. AlphaCentric Advisors LLC now owns 9,943 shares of the company’s stock valued at $781,000 after purchasing an additional 852 shares during the period. Finally, Asset Dedication LLC bought a new stake in JPMorgan BetaBuilders Japan ETF during the 3rd quarter valued at approximately $30,000.

About JPMorgan BetaBuilders Japan ETF

(Get Free Report)

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.

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