JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Shares Sold by Principal Securities Inc.

Principal Securities Inc. lowered its stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 96.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,121 shares of the company’s stock after selling 132,627 shares during the quarter. Principal Securities Inc.’s holdings in JPMorgan BetaBuilders Japan ETF were worth $281,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of BBJP. Focus Financial Network Inc. boosted its holdings in JPMorgan BetaBuilders Japan ETF by 14.3% in the third quarter. Focus Financial Network Inc. now owns 39,929 shares of the company’s stock valued at $2,367,000 after purchasing an additional 4,981 shares during the last quarter. Birch Hill Investment Advisors LLC boosted its holdings in JPMorgan BetaBuilders Japan ETF by 8.8% in the fourth quarter. Birch Hill Investment Advisors LLC now owns 104,485 shares of the company’s stock valued at $5,735,000 after purchasing an additional 8,425 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in JPMorgan BetaBuilders Japan ETF by 18.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 11,039 shares of the company’s stock valued at $606,000 after purchasing an additional 1,715 shares during the last quarter. AIA Group Ltd boosted its holdings in JPMorgan BetaBuilders Japan ETF by 1.2% in the third quarter. AIA Group Ltd now owns 770,945 shares of the company’s stock valued at $45,702,000 after purchasing an additional 9,095 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in JPMorgan BetaBuilders Japan ETF by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 139,003,312 shares of the company’s stock valued at $8,240,116,000 after purchasing an additional 4,645,608 shares during the last quarter.

JPMorgan BetaBuilders Japan ETF Price Performance

Shares of BBJP opened at $56.38 on Monday. The stock has a market capitalization of $11.46 billion, a P/E ratio of 13.74 and a beta of 0.77. The company has a 50 day simple moving average of $55.48 and a 200-day simple moving average of $56.89.

JPMorgan BetaBuilders Japan ETF 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.