Park Avenue Securities LLC Makes New Investment in JPMorgan BetaBuilders Japan ETF $BBJP

Park Avenue Securities LLC bought a new position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) during the third quarter, HoldingsChannel.com reports. The fund bought 15,322 shares of the company’s stock, valued at approximately $1,203,000.

Several other hedge funds have also recently made changes to their positions in BBJP. Bank of America Corp DE raised its position in shares of JPMorgan BetaBuilders Japan ETF by 557.7% during the 1st quarter. Bank of America Corp DE now owns 1,253,896 shares of the company’s stock valued at $86,406,000 after buying an additional 1,063,238 shares in the last quarter. Birch Hill Investment Advisors LLC bought a new position in shares of JPMorgan BetaBuilders Japan ETF in the 3rd quarter valued at about $17,352,000. Avidian Wealth Enterprises LLC purchased a new position in JPMorgan BetaBuilders Japan ETF in the third quarter worth about $11,518,000. Baird Financial Group Inc. grew its position in JPMorgan BetaBuilders Japan ETF by 1.6% in the second quarter. Baird Financial Group Inc. now owns 61,204 shares of the company’s stock worth $4,609,000 after acquiring an additional 944 shares in the last quarter. Finally, Quantinno Capital Management LP grew its position in JPMorgan BetaBuilders Japan ETF by 9.8% in the first quarter. Quantinno Capital Management LP now owns 62,770 shares of the company’s stock worth $4,325,000 after acquiring an additional 5,606 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Price Performance

Shares of BATS BBJP opened at $75.08 on Tuesday. JPMorgan BetaBuilders Japan ETF has a 1-year low of $65.72 and a 1-year high of $80.52. The business’s 50 day moving average is $77.87 and its two-hundred day moving average is $74.44. The stock has a market capitalization of $16.16 billion, a P/E ratio of 14.47 and a beta of 0.65.

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.