Truist Financial Corp Purchases New Position in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Truist Financial Corp purchased a new stake in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) in the 4th quarter, HoldingsChannel reports. The firm purchased 7,779 shares of the company’s stock, valued at approximately $444,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. JPMorgan Chase & Co. increased its stake in shares of JPMorgan BetaBuilders International Equity ETF by 6.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 56,008,388 shares of the company’s stock valued at $3,529,089,000 after purchasing an additional 3,256,087 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of JPMorgan BetaBuilders International Equity ETF by 25.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 1,147,546 shares of the company’s stock valued at $72,307,000 after purchasing an additional 235,427 shares in the last quarter. Jane Street Group LLC boosted its holdings in JPMorgan BetaBuilders International Equity ETF by 127.5% in the 3rd quarter. Jane Street Group LLC now owns 1,122,411 shares of the company’s stock worth $70,723,000 after buying an additional 629,069 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in JPMorgan BetaBuilders International Equity ETF by 9.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 720,994 shares of the company’s stock worth $41,169,000 after buying an additional 63,613 shares during the last quarter. Finally, Perigon Wealth Management LLC boosted its holdings in JPMorgan BetaBuilders International Equity ETF by 24.4% in the 4th quarter. Perigon Wealth Management LLC now owns 364,394 shares of the company’s stock worth $21,000,000 after buying an additional 71,398 shares during the last quarter.

JPMorgan BetaBuilders International Equity ETF Trading Up 9.6 %

BBIN stock opened at $62.16 on Tuesday. The firm has a market cap of $5.18 billion, a PE ratio of 17.28 and a beta of 0.89. The business has a 50-day moving average price of $59.33 and a 200-day moving average price of $60.13.

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.