JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Shares Bought by Mount Lucas Management LP

Mount Lucas Management LP boosted its position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 2.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,391 shares of the company’s stock after acquiring an additional 1,176 shares during the quarter. JPMorgan BetaBuilders Japan ETF accounts for 1.2% of Mount Lucas Management LP’s investment portfolio, making the stock its 11th biggest position. Mount Lucas Management LP’s holdings in JPMorgan BetaBuilders Japan ETF were worth $3,402,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Cerity Partners OCIO LLC acquired a new position in shares of JPMorgan BetaBuilders Japan ETF in the 2nd quarter valued at about $146,998,000. OLD Mission Capital LLC acquired a new position in JPMorgan BetaBuilders Japan ETF during the first quarter valued at approximately $7,054,000. Mirae Asset Global Investments Co. Ltd. grew its stake in JPMorgan BetaBuilders Japan ETF by 15.7% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 871,280 shares of the company’s stock worth $51,266,000 after buying an additional 118,280 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in shares of JPMorgan BetaBuilders Japan ETF by 106.5% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 212,274 shares of the company’s stock worth $11,979,000 after acquiring an additional 109,482 shares in the last quarter. Finally, BigSur Wealth Management LLC purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the 1st quarter valued at $4,954,000.

JPMorgan BetaBuilders Japan ETF Price Performance

BATS:BBJP opened at $55.91 on Friday. The company’s fifty day simple moving average is $57.74 and its two-hundred day simple moving average is $57.12. The firm has a market cap of $11.36 billion, a price-to-earnings ratio of 13.74 and a beta of 0.77.

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.