Raymond James & Associates Trims Stock Holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Raymond James & Associates trimmed its holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 3.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,701 shares of the company’s stock after selling 465 shares during the period. Raymond James & Associates’ holdings in JPMorgan BetaBuilders Japan ETF were worth $667,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vestmark Advisory Solutions Inc. raised its holdings in shares of JPMorgan BetaBuilders Japan ETF by 9.2% in the third quarter. Vestmark Advisory Solutions Inc. now owns 126,027 shares of the company’s stock worth $6,332,000 after buying an additional 10,618 shares during the period. UBS Group AG raised its holdings in shares of JPMorgan BetaBuilders Japan ETF by 37.0% in the third quarter. UBS Group AG now owns 93,522 shares of the company’s stock worth $4,699,000 after buying an additional 25,272 shares during the period. Stifel Financial Corp raised its holdings in shares of JPMorgan BetaBuilders Japan ETF by 118.0% in the third quarter. Stifel Financial Corp now owns 68,416 shares of the company’s stock worth $3,437,000 after buying an additional 37,038 shares during the period. Royal Bank of Canada raised its holdings in shares of JPMorgan BetaBuilders Japan ETF by 48.1% in the third quarter. Royal Bank of Canada now owns 891,177 shares of the company’s stock worth $44,772,000 after buying an additional 289,605 shares during the period. Finally, Cedar Brook Financial Partners LLC purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF in the fourth quarter worth approximately $236,000.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BATS BBJP opened at $55.59 on Thursday. The business has a fifty day simple moving average of $57.00 and a 200 day simple moving average of $53.73. The stock has a market capitalization of $11.36 billion, a P/E ratio of 13.88 and a beta of 0.75.

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.