Envestnet Asset Management Inc. Cuts Stock Holdings in JPMorgan BetaBuilders International Equity ETF $BBIN

Envestnet Asset Management Inc. trimmed its position in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 84.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 87,828 shares of the company’s stock after selling 478,563 shares during the period. Envestnet Asset Management Inc. owned about 0.11% of JPMorgan BetaBuilders International Equity ETF worth $6,159,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Vestmark Advisory Solutions Inc. grew its position in JPMorgan BetaBuilders International Equity ETF by 113.1% during the second quarter. Vestmark Advisory Solutions Inc. now owns 1,766,430 shares of the company’s stock valued at $119,234,000 after buying an additional 937,560 shares during the period. Kelly Financial Group LLC boosted its stake in JPMorgan BetaBuilders International Equity ETF by 4.4% in the third quarter. Kelly Financial Group LLC now owns 526,695 shares of the company’s stock valued at $36,937,000 after acquiring an additional 22,224 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of JPMorgan BetaBuilders International Equity ETF by 5.1% during the 2nd quarter. Osaic Holdings Inc. now owns 490,251 shares of the company’s stock valued at $32,806,000 after acquiring an additional 23,685 shares during the period. Perigon Wealth Management LLC increased its stake in shares of JPMorgan BetaBuilders International Equity ETF by 4.7% during the 3rd quarter. Perigon Wealth Management LLC now owns 465,909 shares of the company’s stock worth $32,674,000 after purchasing an additional 20,805 shares during the last quarter. Finally, Daymark Wealth Partners LLC raised its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 10.0% in the 3rd quarter. Daymark Wealth Partners LLC now owns 407,283 shares of the company’s stock worth $28,563,000 after purchasing an additional 36,967 shares during the period.

JPMorgan BetaBuilders International Equity ETF Trading Up 0.9%

Shares of BATS BBIN opened at $79.46 on Friday. The stock has a fifty day simple moving average of $75.43 and a two-hundred day simple moving average of $72.20. JPMorgan BetaBuilders International Equity ETF has a 1-year low of $54.47 and a 1-year high of $79.70. The firm has a market cap of $6.45 billion, a price-to-earnings ratio of 16.24 and a beta of 0.84.

About JPMorgan BetaBuilders International Equity ETF

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.