Park Avenue Securities LLC Reduces Stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Park Avenue Securities LLC cut its holdings in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 10.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,765 shares of the company’s stock after selling 436 shares during the quarter. Park Avenue Securities LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $220,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of BBJP. Mather Group LLC. acquired a new stake in shares of JPMorgan BetaBuilders Japan ETF in the first quarter worth $28,000. Cooksen Wealth LLC purchased a new position in shares of JPMorgan BetaBuilders Japan ETF during the 4th quarter valued at about $322,000. Leo Wealth LLC acquired a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter valued at about $6,473,000. Abel Hall LLC acquired a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter valued at about $285,000. Finally, Syon Capital LLC purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF in the fourth quarter worth about $382,000.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BBJP stock opened at $56.96 on Wednesday. The stock has a market capitalization of $11.57 billion, a PE ratio of 13.74 and a beta of 0.77. The firm’s fifty day moving average is $56.07 and its 200 day moving average is $55.58.

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.