Wealthfront Advisers LLC Grows Holdings in JPMorgan BetaBuilders Japan ETF $BBJP

Wealthfront Advisers LLC grew its holdings in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 41.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,597 shares of the company’s stock after buying an additional 4,878 shares during the quarter. Wealthfront Advisers LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $1,025,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in BBJP. New Vernon Capital Holdings II LLC lifted its stake in JPMorgan BetaBuilders Japan ETF by 5,576.0% during the first quarter. New Vernon Capital Holdings II LLC now owns 5,673,452 shares of the company’s stock worth $318,451,000 after purchasing an additional 5,573,497 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan BetaBuilders Japan ETF by 2.7% in the 1st quarter. JPMorgan Chase & Co. now owns 133,819,521 shares of the company’s stock worth $7,511,290,000 after purchasing an additional 3,471,766 shares during the last quarter. 3EDGE Asset Management LP lifted its stake in JPMorgan BetaBuilders Japan ETF by 1,657.8% in the second quarter. 3EDGE Asset Management LP now owns 711,704 shares of the company’s stock valued at $44,011,000 after buying an additional 671,216 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in JPMorgan BetaBuilders Japan ETF in the first quarter valued at $7,230,000. Finally, Birch Hill Investment Advisors LLC increased its holdings in shares of JPMorgan BetaBuilders Japan ETF by 41.7% during the second quarter. Birch Hill Investment Advisors LLC now owns 147,541 shares of the company’s stock valued at $9,115,000 after purchasing an additional 43,455 shares during the period.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BBJP opened at $68.85 on Friday. JPMorgan BetaBuilders Japan ETF has a one year low of $49.03 and a one year high of $63.72. The firm has a market capitalization of $14.82 billion, a price-to-earnings ratio of 14.47 and a beta of 0.65. The stock’s fifty day moving average is $66.83 and its 200-day moving average is $62.70.

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.