Mirae Asset Global Investments Co. Ltd. Reduces Stake in JPMorgan BetaBuilders Japan ETF $BBJP

Mirae Asset Global Investments Co. Ltd. reduced its holdings in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 5.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 616,799 shares of the company’s stock after selling 34,750 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in JPMorgan BetaBuilders Japan ETF were worth $38,106,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of BBJP. New Vernon Capital Holdings II LLC lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 5,576.0% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 5,673,452 shares of the company’s stock valued at $318,451,000 after buying an additional 5,573,497 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 133,819,521 shares of the company’s stock valued at $7,511,290,000 after buying an additional 3,471,766 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF during the 1st quarter valued at approximately $7,230,000. OLD National Bancorp IN purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF during the 1st quarter valued at approximately $2,917,000. Finally, Mount Lucas Management LP lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 192.4% during the 1st quarter. Mount Lucas Management LP now owns 62,898 shares of the company’s stock valued at $3,530,000 after buying an additional 41,388 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Trading Up 26.5%

Shares of BBJP stock opened at $67.56 on Friday. The stock has a market capitalization of $14.54 billion, a P/E ratio of 14.47 and a beta of 0.65. The firm’s 50 day moving average is $65.24 and its 200 day moving average is $60.86. JPMorgan BetaBuilders Japan ETF has a 12 month low of $49.03 and a 12 month high of $63.72.

JPMorgan BetaBuilders Japan ETF Company 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.