JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Stake Lowered by Global Retirement Partners LLC

Global Retirement Partners LLC reduced its stake in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 45.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,451 shares of the company’s stock after selling 2,043 shares during the period. Global Retirement Partners LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $135,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of BBJP. Focus Financial Network Inc. lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 14.3% in the 3rd quarter. Focus Financial Network Inc. now owns 39,929 shares of the company’s stock valued at $2,367,000 after purchasing an additional 4,981 shares during the last quarter. Birch Hill Investment Advisors LLC lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 8.8% in the 4th quarter. Birch Hill Investment Advisors LLC now owns 104,485 shares of the company’s stock valued at $5,735,000 after purchasing an additional 8,425 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 18.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 11,039 shares of the company’s stock valued at $606,000 after purchasing an additional 1,715 shares during the last quarter. AIA Group Ltd lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 1.2% in the 3rd quarter. AIA Group Ltd now owns 770,945 shares of the company’s stock valued at $45,702,000 after purchasing an additional 9,095 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 139,003,312 shares of the company’s stock valued at $8,240,116,000 after purchasing an additional 4,645,608 shares during the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

BBJP stock opened at $56.73 on Thursday. The firm has a 50-day simple moving average of $55.45 and a two-hundred day simple moving average of $56.92. The firm has a market cap of $11.82 billion, a price-to-earnings ratio of 15.43 and a beta of 0.66.

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.