JPMorgan BetaBuilders Japan ETF $BBJP Shares Bought by 3EDGE Asset Management LP

3EDGE Asset Management LP lifted its position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 165.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,887,913 shares of the company’s stock after acquiring an additional 1,176,209 shares during the period. JPMorgan BetaBuilders Japan ETF comprises approximately 7.1% of 3EDGE Asset Management LP’s holdings, making the stock its 3rd largest holding. 3EDGE Asset Management LP owned about 0.88% of JPMorgan BetaBuilders Japan ETF worth $125,261,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Trust Co. of Vermont acquired a new position in JPMorgan BetaBuilders Japan ETF in the second quarter worth $27,000. Allworth Financial LP boosted its holdings in shares of JPMorgan BetaBuilders Japan ETF by 293.6% in the 2nd quarter. Allworth Financial LP now owns 433 shares of the company’s stock valued at $27,000 after buying an additional 323 shares during the period. Caldwell Trust Co acquired a new position in shares of JPMorgan BetaBuilders Japan ETF in the 2nd quarter valued at about $27,000. Fifth Third Bancorp bought a new stake in shares of JPMorgan BetaBuilders Japan ETF during the 2nd quarter valued at about $39,000. Finally, Blue Trust Inc. raised its stake in JPMorgan BetaBuilders Japan ETF by 1,236.8% during the second quarter. Blue Trust Inc. now owns 1,016 shares of the company’s stock worth $63,000 after acquiring an additional 940 shares during the period.

JPMorgan BetaBuilders Japan ETF Stock Up 29.7%

Shares of BATS BBJP opened at $69.25 on Friday. The firm’s 50-day moving average price is $68.18 and its two-hundred day moving average price is $66.34. JPMorgan BetaBuilders Japan ETF has a 52-week low of $49.03 and a 52-week high of $63.72. The stock has a market capitalization of $14.91 billion, a P/E ratio of 14.47 and a beta of 0.65.

About JPMorgan BetaBuilders Japan ETF

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.