JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Shares Sold by Comerica Bank

Comerica Bank trimmed its holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 24.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 197,346 shares of the company’s stock after selling 63,195 shares during the quarter. Comerica Bank’s holdings in JPMorgan BetaBuilders Japan ETF were worth $11,555,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Norden Group LLC acquired a new stake in shares of JPMorgan BetaBuilders Japan ETF during the 1st quarter valued at $309,169,000. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan BetaBuilders Japan ETF by 3.3% in the first quarter. JPMorgan Chase & Co. now owns 131,415,060 shares of the company’s stock valued at $7,694,352,000 after purchasing an additional 4,153,312 shares in the last quarter. Perella Weinberg Partners Capital Management LP raised its holdings in shares of JPMorgan BetaBuilders Japan ETF by 256.9% during the fourth quarter. Perella Weinberg Partners Capital Management LP now owns 2,304,930 shares of the company’s stock worth $121,055,000 after acquiring an additional 1,659,122 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF during the first quarter worth $72,259,000. Finally, Bank of Nova Scotia purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF during the fourth quarter worth $50,172,000.

JPMorgan BetaBuilders Japan ETF Price Performance

BATS BBJP traded up $1.65 during trading on Thursday, hitting $58.75. 2,904,187 shares of the company traded hands. The business’s 50 day simple moving average is $56.86 and its two-hundred day simple moving average is $56.39. The company has a market cap of $11.94 billion, a P/E ratio of 13.74 and a beta of 0.77.

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.