Mount Lucas Management LP Has $3.17 Million Stock Position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Mount Lucas Management LP reduced its position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 4.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,215 shares of the company’s stock after selling 2,639 shares during the period. JPMorgan BetaBuilders Japan ETF makes up approximately 0.9% of Mount Lucas Management LP’s investment portfolio, making the stock its 24th biggest position. Mount Lucas Management LP’s holdings in JPMorgan BetaBuilders Japan ETF were worth $3,172,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in BBJP. Mather Group LLC. acquired a new position in JPMorgan BetaBuilders Japan ETF during the first quarter valued at approximately $28,000. Fortitude Family Office LLC acquired a new position in shares of JPMorgan BetaBuilders Japan ETF during the first quarter worth $35,000. Cullen Frost Bankers Inc. bought a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter valued at $36,000. Bfsg LLC lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 2,812.5% in the 1st quarter. Bfsg LLC now owns 932 shares of the company’s stock valued at $55,000 after acquiring an additional 900 shares during the last quarter. Finally, ESL Trust Services LLC bought a new position in shares of JPMorgan BetaBuilders Japan ETF in the 1st quarter valued at $58,000.

JPMorgan BetaBuilders Japan ETF Price Performance

Shares of BBJP traded down $2.10 during trading hours on Friday, reaching $56.42. The stock had a trading volume of 3,584,468 shares. The company has a market cap of $11.46 billion, a PE ratio of 13.74 and a beta of 0.77. The stock has a 50 day moving average price of $57.33 and a 200-day moving average price of $56.86.

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.