Gateway Wealth Partners LLC Cuts Stock Position in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Gateway Wealth Partners LLC cut its holdings in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 22.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 12,712 shares of the company’s stock after selling 3,674 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JPMorgan BetaBuilders International Equity ETF were worth $751,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its position in JPMorgan BetaBuilders International Equity ETF by 7,400.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 750 shares of the company’s stock worth $44,000 after buying an additional 740 shares during the last quarter. Richardson Financial Services Inc. lifted its position in JPMorgan BetaBuilders International Equity ETF by 4.6% in the second quarter. Richardson Financial Services Inc. now owns 4,595 shares of the company’s stock worth $271,000 after buying an additional 200 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in JPMorgan BetaBuilders International Equity ETF by 14.1% in the second quarter. Envestnet Asset Management Inc. now owns 457,686 shares of the company’s stock worth $27,040,000 after buying an additional 56,504 shares during the last quarter. LPL Financial LLC lifted its position in JPMorgan BetaBuilders International Equity ETF by 4.0% in the second quarter. LPL Financial LLC now owns 649,853 shares of the company’s stock worth $38,393,000 after buying an additional 24,944 shares during the last quarter. Finally, Strategic Financial Concepts LLC lifted its position in JPMorgan BetaBuilders International Equity ETF by 2,600.5% in the second quarter. Strategic Financial Concepts LLC now owns 186,552 shares of the company’s stock worth $110,000 after buying an additional 179,644 shares during the last quarter.

JPMorgan BetaBuilders International Equity ETF Stock Performance

Shares of BBIN opened at $63.19 on Monday. The company has a market capitalization of $4.32 billion, a P/E ratio of 14.76 and a beta of 0.83. The stock has a 50-day moving average of $60.82 and a two-hundred day moving average of $60.27.

JPMorgan BetaBuilders International Equity ETF Profile

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.