JPMorgan BetaBuilders Japan ETF $BBJP Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lowered its holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 19.7% in the second quarter, HoldingsChannel reports. The firm owned 80,772 shares of the company’s stock after selling 19,783 shares during the period. Envestnet Asset Management Inc.’s holdings in JPMorgan BetaBuilders Japan ETF were worth $4,990,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC raised its position in shares of JPMorgan BetaBuilders Japan ETF by 25.6% in the 1st quarter. Cerity Partners LLC now owns 11,764 shares of the company’s stock valued at $660,000 after purchasing an additional 2,395 shares in the last quarter. CWM LLC increased its stake in shares of JPMorgan BetaBuilders Japan ETF by 57.1% in the first quarter. CWM LLC now owns 58,371 shares of the company’s stock worth $3,276,000 after buying an additional 21,211 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in JPMorgan BetaBuilders Japan ETF by 18.6% in the first quarter. Wealthfront Advisers LLC now owns 11,719 shares of the company’s stock valued at $658,000 after acquiring an additional 1,836 shares in the last quarter. Choreo LLC boosted its stake in JPMorgan BetaBuilders Japan ETF by 2.5% during the 1st quarter. Choreo LLC now owns 52,419 shares of the company’s stock valued at $2,942,000 after acquiring an additional 1,291 shares during the last quarter. Finally, Mount Lucas Management LP grew its holdings in 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 worth $3,530,000 after acquiring an additional 41,388 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

BBJP opened at $68.63 on Friday. The company has a market capitalization of $14.77 billion, a P/E ratio of 14.47 and a beta of 0.65. The company has a 50-day moving average of $67.53 and a 200-day moving average of $63.49. JPMorgan BetaBuilders Japan ETF has a 1-year low of $49.03 and a 1-year high of $63.72.

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.