Mirae Asset Global Investments Co. Ltd. Sells 34,750 Shares of JPMorgan BetaBuilders Japan ETF $BBJP

Mirae Asset Global Investments Co. Ltd. trimmed its position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 5.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 616,799 shares of the company’s stock after selling 34,750 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.29% of JPMorgan BetaBuilders Japan ETF worth $38,106,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Trust Co. of Vermont bought a new stake in JPMorgan BetaBuilders Japan ETF in the 2nd quarter worth about $27,000. Truist Financial Corp boosted its stake in JPMorgan BetaBuilders Japan ETF by 22.2% in the second quarter. Truist Financial Corp now owns 8,872 shares of the company’s stock valued at $548,000 after acquiring an additional 1,613 shares during the last quarter. HB Wealth Management LLC purchased a new position in JPMorgan BetaBuilders Japan ETF in the second quarter valued at about $454,000. Perigon Wealth Management LLC boosted its stake in JPMorgan BetaBuilders Japan ETF by 4.4% in the second quarter. Perigon Wealth Management LLC now owns 25,640 shares of the company’s stock valued at $1,584,000 after acquiring an additional 1,082 shares during the last quarter. Finally, BigSur Wealth Management LLC boosted its stake in JPMorgan BetaBuilders Japan ETF by 2.8% in the second quarter. BigSur Wealth Management LLC now owns 111,590 shares of the company’s stock valued at $6,894,000 after acquiring an additional 3,000 shares during the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Up 26.5%

BBJP opened at $67.56 on Friday. The stock has a market cap of $14.54 billion, a price-to-earnings ratio of 14.47 and a beta of 0.65. JPMorgan BetaBuilders Japan ETF has a twelve month low of $49.03 and a twelve month high of $63.72. The company’s 50-day moving average price is $65.24 and its two-hundred day moving average price is $60.86.

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.