Madison Asset Management LLC Trims Position in JPMorgan BetaBuilders Japan ETF $BBJP

Madison Asset Management LLC lessened its holdings in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 65.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,615 shares of the company’s stock after selling 22,092 shares during the quarter. Madison Asset Management LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $770,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in BBJP. Retirement Planning Group LLC increased its position in JPMorgan BetaBuilders Japan ETF by 1.5% during the 2nd quarter. Retirement Planning Group LLC now owns 11,121 shares of the company’s stock valued at $687,000 after purchasing an additional 168 shares during the period. Sowell Financial Services LLC boosted its stake in shares of JPMorgan BetaBuilders Japan ETF by 4.5% during the 3rd quarter. Sowell Financial Services LLC now owns 5,982 shares of the company’s stock valued at $397,000 after purchasing an additional 257 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan BetaBuilders Japan ETF by 2.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 11,932 shares of the company’s stock valued at $737,000 after buying an additional 271 shares during the period. Allworth Financial LP raised its stake in JPMorgan BetaBuilders Japan ETF by 293.6% in the second quarter. Allworth Financial LP now owns 433 shares of the company’s stock worth $27,000 after buying an additional 323 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in JPMorgan BetaBuilders Japan ETF by 4.2% in the second quarter. Geneos Wealth Management Inc. now owns 8,671 shares of the company’s stock worth $536,000 after buying an additional 349 shares during the period.

JPMorgan BetaBuilders Japan ETF Stock Performance

JPMorgan BetaBuilders Japan ETF stock opened at $76.21 on Friday. JPMorgan BetaBuilders Japan ETF has a fifty-two week low of $49.03 and a fifty-two week high of $76.88. The stock’s 50 day simple moving average is $69.30 and its two-hundred day simple moving average is $67.51. The stock has a market cap of $16.41 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.