Envestnet Asset Management Inc. Trims Stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Envestnet Asset Management Inc. lowered its position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 62.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 121,744 shares of the company’s stock after selling 205,040 shares during the period. Envestnet Asset Management Inc. owned about 0.06% of JPMorgan BetaBuilders Japan ETF worth $6,683,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in BBJP. JPMorgan Chase & Co. raised its stake in shares of JPMorgan BetaBuilders Japan ETF by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 139,003,312 shares of the company’s stock worth $8,240,116,000 after purchasing an additional 4,645,608 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of JPMorgan BetaBuilders Japan ETF by 86.1% in the 4th quarter. Alliancebernstein L.P. now owns 921,470 shares of the company’s stock valued at $50,579,000 after purchasing an additional 426,247 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its stake in shares of JPMorgan BetaBuilders Japan ETF by 2.5% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 210,161 shares of the company’s stock worth $11,536,000 after buying an additional 5,057 shares during the period. Avidian Wealth Enterprises LLC lifted its holdings in JPMorgan BetaBuilders Japan ETF by 2.5% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 199,468 shares of the company’s stock valued at $10,949,000 after purchasing an additional 4,795 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in JPMorgan BetaBuilders Japan ETF by 78,406.6% in the 4th quarter. Assetmark Inc. now owns 119,330 shares of the company’s stock worth $6,550,000 after buying an additional 119,178 shares during the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BBJP stock opened at $55.74 on Monday. The firm has a market capitalization of $11.61 billion, a P/E ratio of 13.74 and a beta of 0.64. JPMorgan BetaBuilders Japan ETF has a fifty-two week low of $49.03 and a fifty-two week high of $60.65. The stock’s fifty day moving average is $55.93 and its two-hundred day moving average is $56.26.

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.