Cullen Frost Bankers Inc. Has $50,000 Stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Cullen Frost Bankers Inc. decreased its position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 90.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 917 shares of the company’s stock after selling 8,708 shares during the period. Cullen Frost Bankers Inc.’s holdings in JPMorgan BetaBuilders Japan ETF were worth $50,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of JPMorgan BetaBuilders Japan ETF by 161.1% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 470 shares of the company’s stock valued at $26,000 after purchasing an additional 290 shares during the last quarter. Richardson Financial Services Inc. bought a new stake in shares of JPMorgan BetaBuilders Japan ETF during the fourth quarter valued at approximately $51,000. Armstrong Advisory Group Inc. bought a new stake in shares of JPMorgan BetaBuilders Japan ETF during the fourth quarter valued at approximately $68,000. Golden State Wealth Management LLC bought a new stake in shares of JPMorgan BetaBuilders Japan ETF during the fourth quarter valued at approximately $129,000. Finally, Avior Wealth Management LLC grew its stake in shares of JPMorgan BetaBuilders Japan ETF by 24.7% during the fourth quarter. Avior Wealth Management LLC now owns 2,731 shares of the company’s stock valued at $150,000 after purchasing an additional 541 shares during the last quarter.

JPMorgan BetaBuilders Japan ETF Price Performance

BBJP opened at $57.40 on Monday. JPMorgan BetaBuilders Japan ETF has a one year low of $50.08 and a one year high of $60.65. The company’s 50 day simple moving average is $55.65 and its 200-day simple moving average is $56.90. The stock has a market capitalization of $11.96 billion, a P/E ratio of 15.43 and a beta of 0.66.

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.