Focus Financial Network Inc. Boosts Holdings in JPMorgan BetaBuilders Japan ETF $BBJP

Focus Financial Network Inc. increased its holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 7.4% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,902 shares of the company’s stock after purchasing an additional 3,697 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan BetaBuilders Japan ETF were worth $3,330,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in BBJP. Quantinno Capital Management LP lifted its holdings in JPMorgan BetaBuilders Japan ETF by 4.4% in the 4th quarter. Quantinno Capital Management LP now owns 17,707 shares of the company’s stock worth $972,000 after purchasing an additional 742 shares in the last quarter. Westwood Holdings Group Inc. purchased a new position in JPMorgan BetaBuilders Japan ETF in the 4th quarter worth approximately $226,000. Orion Capital Management LLC purchased a new position in JPMorgan BetaBuilders Japan ETF in the 4th quarter worth approximately $39,000. Mackenzie Financial Corp lifted its holdings in JPMorgan BetaBuilders Japan ETF by 65.2% in the 4th quarter. Mackenzie Financial Corp now owns 6,690 shares of the company’s stock worth $367,000 after purchasing an additional 2,640 shares in the last quarter. Finally, LM Advisors LLC purchased a new position in JPMorgan BetaBuilders Japan ETF in the 4th quarter worth approximately $223,000.

JPMorgan BetaBuilders Japan ETF Price Performance

Shares of BBJP opened at $67.35 on Friday. The stock has a market capitalization of $14.50 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 business’s 50 day simple moving average is $63.88 and its 200-day simple moving average is $60.14.

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.