Wallace Advisory Group LLC Takes Position in JPMorgan BetaBuilders Japan ETF $BBJP

Wallace Advisory Group LLC acquired a new position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,670 shares of the company’s stock, valued at approximately $474,000.

A number of other institutional investors have also recently bought and sold shares of BBJP. Northwestern Mutual Wealth Management Co. raised its stake in JPMorgan BetaBuilders Japan ETF by 13.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 11,661 shares of the company’s stock worth $655,000 after purchasing an additional 1,401 shares during the period. Comerica Bank increased its holdings in shares of JPMorgan BetaBuilders Japan ETF by 1.7% during the 1st quarter. Comerica Bank now owns 38,758 shares of the company’s stock worth $2,176,000 after buying an additional 635 shares during the last quarter. 1607 Capital Partners LLC raised its position in shares of JPMorgan BetaBuilders Japan ETF by 1.1% in the 1st quarter. 1607 Capital Partners LLC now owns 699,390 shares of the company’s stock worth $39,257,000 after buying an additional 7,390 shares during the period. New Vernon Capital Holdings II LLC raised its position in shares of JPMorgan BetaBuilders Japan ETF by 5,576.0% in the 1st quarter. New Vernon Capital Holdings II LLC now owns 5,673,452 shares of the company’s stock worth $318,451,000 after buying an additional 5,573,497 shares during the period. Finally, Permanens Capital L.P. boosted its holdings in JPMorgan BetaBuilders Japan ETF by 26.7% in the first quarter. Permanens Capital L.P. now owns 144,927 shares of the company’s stock valued at $8,135,000 after acquiring an additional 30,564 shares during the last quarter.

JPMorgan BetaBuilders Japan ETF Trading Up 23.7%

BBJP stock opened at $66.06 on Friday. The company has a market cap of $14.22 billion, a PE ratio of 14.47 and a beta of 0.65. The stock has a 50-day moving average price of $68.44 and a two-hundred day moving average price of $65.30. JPMorgan BetaBuilders Japan ETF has a 12-month low of $49.03 and a 12-month high of $63.72.

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.