Robertson Stephens Wealth Management LLC Trims Position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Robertson Stephens Wealth Management LLC lessened its stake in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 6.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,105 shares of the company’s stock after selling 1,158 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $939,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of JPMorgan BetaBuilders Japan ETF by 161.1% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 470 shares of the company’s stock worth $26,000 after purchasing an additional 290 shares in the last quarter. Richardson Financial Services Inc. purchased a new position in shares of JPMorgan BetaBuilders Japan ETF during the fourth quarter worth about $51,000. Armstrong Advisory Group Inc. purchased a new position in shares of JPMorgan BetaBuilders Japan ETF during the fourth quarter worth about $68,000. Blue Trust Inc. boosted its stake in JPMorgan BetaBuilders Japan ETF by 147.6% in the third quarter. Blue Trust Inc. now owns 1,362 shares of the company’s stock worth $77,000 after buying an additional 812 shares in the last quarter. Finally, Avior Wealth Management LLC boosted its stake in JPMorgan BetaBuilders Japan ETF by 24.7% in the fourth quarter. Avior Wealth Management LLC now owns 2,731 shares of the company’s stock worth $150,000 after buying an additional 541 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BBJP opened at $56.66 on Friday. The stock has a market capitalization of $11.51 billion, a price-to-earnings ratio of 13.74 and a beta of 0.77. The stock has a 50-day moving average price of $55.92 and a 200 day moving average price of $56.84.

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.