Mirae Asset Global Investments Co. Ltd. Sells 65,900 Shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Mirae Asset Global Investments Co. Ltd. trimmed its stake in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 5.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,108,480 shares of the company’s stock after selling 65,900 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.54% of JPMorgan BetaBuilders Japan ETF worth $64,902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Norden Group LLC bought a new stake in JPMorgan BetaBuilders Japan ETF in the first quarter worth approximately $309,169,000. Perella Weinberg Partners Capital Management LP increased its holdings in JPMorgan BetaBuilders Japan ETF by 256.9% in the fourth quarter. Perella Weinberg Partners Capital Management LP now owns 2,304,930 shares of the company’s stock worth $121,055,000 after purchasing an additional 1,659,122 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in JPMorgan BetaBuilders Japan ETF in the first quarter worth approximately $72,259,000. Bank of Nova Scotia bought a new stake in JPMorgan BetaBuilders Japan ETF in the fourth quarter worth approximately $50,172,000. Finally, Royal Bank of Canada increased its holdings in JPMorgan BetaBuilders Japan ETF by 48.1% in the third quarter. Royal Bank of Canada now owns 891,177 shares of the company’s stock worth $44,772,000 after purchasing an additional 289,605 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

BBJP stock traded up $0.39 during mid-day trading on Friday, reaching $57.82. The company’s stock had a trading volume of 1,820,597 shares. The company has a market capitalization of $11.75 billion, a P/E ratio of 13.74 and a beta of 0.77. The business’s 50 day moving average price is $56.22 and its 200 day moving average price is $55.64.

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.