Mount Lucas Management LP Lowers Stock Holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Mount Lucas Management LP lessened its holdings in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 62.5% during the fourth quarter, HoldingsChannel reports. The firm owned 21,510 shares of the company’s stock after selling 35,881 shares during the quarter. Mount Lucas Management LP’s holdings in JPMorgan BetaBuilders Japan ETF were worth $1,181,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Larson Financial Group LLC lifted its holdings in shares of JPMorgan BetaBuilders Japan ETF by 559.5% during the 4th quarter. Larson Financial Group LLC now owns 2,295 shares of the company’s stock worth $126,000 after acquiring an additional 1,947 shares during the period. Vestmark Advisory Solutions Inc. increased its position in JPMorgan BetaBuilders Japan ETF by 2.5% during the fourth quarter. Vestmark Advisory Solutions Inc. now owns 210,161 shares of the company’s stock worth $11,536,000 after purchasing an additional 5,057 shares during the last quarter. Raymond James Financial Inc. purchased a new position in JPMorgan BetaBuilders Japan ETF during the fourth quarter worth approximately $766,000. Assetmark Inc. boosted its holdings in shares of JPMorgan BetaBuilders Japan ETF by 78,406.6% in the 4th quarter. Assetmark Inc. now owns 119,330 shares of the company’s stock valued at $6,550,000 after purchasing an additional 119,178 shares during the last quarter. Finally, Exencial Wealth Advisors LLC grew its stake in shares of JPMorgan BetaBuilders Japan ETF by 1.6% during the 4th quarter. Exencial Wealth Advisors LLC now owns 43,398 shares of the company’s stock valued at $2,382,000 after buying an additional 696 shares during the period.

JPMorgan BetaBuilders Japan ETF Stock Up 7.5 %

BBJP stock opened at $57.40 on Monday. The company has a market cap of $11.96 billion, a price-to-earnings ratio of 15.43 and a beta of 0.66. The business has a fifty day simple moving average of $55.65 and a 200-day simple moving average of $56.90. JPMorgan BetaBuilders Japan ETF has a 52 week low of $50.08 and a 52 week high of $60.65.

JPMorgan BetaBuilders Japan ETF 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.