AlphaCentric Advisors LLC Trims Holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

AlphaCentric Advisors LLC decreased its stake in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 3.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,363 shares of the company’s stock after selling 260 shares during the quarter. AlphaCentric Advisors LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $496,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BBJP. Wealth Enhancement Advisory Services LLC acquired a new stake in JPMorgan BetaBuilders Japan ETF during the first quarter worth $823,000. Norden Group LLC acquired a new stake in shares of JPMorgan BetaBuilders Japan ETF in the first quarter valued at $240,000. Private Advisor Group LLC grew its stake in shares of JPMorgan BetaBuilders Japan ETF by 5.4% in the first quarter. Private Advisor Group LLC now owns 18,724 shares of the company’s stock valued at $1,096,000 after buying an additional 960 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in JPMorgan BetaBuilders Japan ETF by 14,676.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,127 shares of the company’s stock worth $476,000 after purchasing an additional 8,072 shares in the last quarter. Finally, AIA Group Ltd grew its stake in JPMorgan BetaBuilders Japan ETF by 6.1% during the 1st quarter. AIA Group Ltd now owns 733,995 shares of the company’s stock worth $42,975,000 after purchasing an additional 42,300 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Price Performance

BBJP opened at $56.36 on Tuesday. The firm has a market cap of $11.45 billion, a PE ratio of 13.74 and a beta of 0.77. The business’s 50 day moving average is $58.11 and its two-hundred day moving average is $57.01.

About JPMorgan BetaBuilders Japan ETF

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.