Cetera Investment Advisers Decreases Stock Holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Cetera Investment Advisers reduced its position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 42.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 12,841 shares of the company’s stock after selling 9,305 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan BetaBuilders Japan ETF were worth $705,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of BBJP. JPMorgan Chase & Co. increased its position in JPMorgan BetaBuilders Japan ETF by 3.5% during the third quarter. JPMorgan Chase & Co. now owns 139,003,312 shares of the company’s stock valued at $8,240,116,000 after acquiring an additional 4,645,608 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of JPMorgan BetaBuilders Japan ETF by 159.5% during the 4th quarter. Jane Street Group LLC now owns 3,099,417 shares of the company’s stock worth $170,127,000 after purchasing an additional 1,904,932 shares during the period. Alliancebernstein L.P. grew its holdings in JPMorgan BetaBuilders Japan ETF by 86.1% during 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 during the last quarter. Assetmark Inc. grew its holdings in JPMorgan BetaBuilders Japan ETF by 78,406.6% during the 4th quarter. Assetmark Inc. now owns 119,330 shares of the company’s stock valued at $6,550,000 after purchasing an additional 119,178 shares during the last quarter. Finally, Madison Investment Advisors LLC purchased a new stake in JPMorgan BetaBuilders Japan ETF in the 4th quarter worth about $3,306,000.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BBJP stock opened at $59.81 on Monday. The stock has a 50 day moving average price of $56.90 and a 200 day moving average price of $56.47. JPMorgan BetaBuilders Japan ETF has a 52-week low of $49.03 and a 52-week high of $60.65. The firm has a market capitalization of $12.70 billion, a P/E ratio of 13.77 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.