Mount Lucas Management LP Has $3.53 Million Stake in JPMorgan BetaBuilders Japan ETF $BBJP

Mount Lucas Management LP decreased its position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 9.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,160 shares of the company’s stock after selling 5,738 shares during the period. JPMorgan BetaBuilders Japan ETF accounts for about 1.5% of Mount Lucas Management LP’s investment portfolio, making the stock its 10th largest holding. Mount Lucas Management LP’s holdings in JPMorgan BetaBuilders Japan ETF were worth $3,531,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. New Vernon Capital Holdings II LLC increased its position 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 purchasing an additional 5,573,497 shares during the period. JPMorgan Chase & Co. grew its stake in shares of JPMorgan BetaBuilders Japan ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 133,819,521 shares of the company’s stock worth $7,511,290,000 after purchasing an additional 3,471,766 shares during the last quarter. 3EDGE Asset Management LP raised its holdings in shares of JPMorgan BetaBuilders Japan ETF by 1,657.8% in the 2nd quarter. 3EDGE Asset Management LP now owns 711,704 shares of the company’s stock worth $44,011,000 after purchasing an additional 671,216 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan BetaBuilders Japan ETF in the 1st quarter worth approximately $7,230,000. Finally, Birch Hill Investment Advisors LLC lifted its stake in JPMorgan BetaBuilders Japan ETF by 41.7% during the second quarter. Birch Hill Investment Advisors LLC now owns 147,541 shares of the company’s stock valued at $9,115,000 after purchasing an additional 43,455 shares during the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

JPMorgan BetaBuilders Japan ETF stock opened at $69.39 on Monday. The firm has a market cap of $14.94 billion, a price-to-earnings ratio of 14.47 and a beta of 0.65. JPMorgan BetaBuilders Japan ETF has a 1 year low of $49.03 and a 1 year high of $63.72. The firm’s 50 day moving average price is $67.60 and its two-hundred day moving average price is $63.63.

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.