JPMorgan Chase & Co. Sells 8,655,557 Shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

JPMorgan Chase & Co. decreased its holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 6.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 130,347,755 shares of the company’s stock after selling 8,655,557 shares during the period. JPMorgan BetaBuilders Japan ETF accounts for approximately 0.5% of JPMorgan Chase & Co.’s investment portfolio, making the stock its 24th biggest holding. JPMorgan Chase & Co. owned about 0.64% of JPMorgan BetaBuilders Japan ETF worth $7,154,788,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Signature Estate & Investment Advisors LLC boosted its holdings in JPMorgan BetaBuilders Japan ETF by 5.5% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 4,360 shares of the company’s stock valued at $239,000 after acquiring an additional 226 shares during the last quarter. Birnam Oak Advisors LP acquired a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter worth approximately $3,019,000. Harbour Investments Inc. boosted its stake in shares of JPMorgan BetaBuilders Japan ETF by 8.9% in the 4th quarter. Harbour Investments Inc. now owns 11,521 shares of the company’s stock valued at $632,000 after purchasing an additional 942 shares during the last quarter. Corient Private Wealth LLC boosted its stake in shares of JPMorgan BetaBuilders Japan ETF by 5.3% in the 4th quarter. Corient Private Wealth LLC now owns 44,193 shares of the company’s stock valued at $2,426,000 after purchasing an additional 2,236 shares during the last quarter. Finally, Madison Investment Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders Japan ETF during the fourth quarter worth $3,306,000.

JPMorgan BetaBuilders Japan ETF Stock Up 8.4 %

BBJP stock opened at $57.87 on Thursday. The firm has a market cap of $12.05 billion, a price-to-earnings ratio of 14.15 and a beta of 0.64. The company’s fifty day simple moving average is $56.45 and its 200 day simple moving average is $56.82. JPMorgan BetaBuilders Japan ETF has a 12-month low of $50.08 and a 12-month high of $60.65.

About JPMorgan BetaBuilders Japan ETF

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.