ABC Arbitrage SA Takes $1.82 Million Position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

ABC Arbitrage SA purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) in the 4th quarter, Holdings Channel reports. The fund purchased 33,131 shares of the company’s stock, valued at approximately $1,819,000.

Other large investors also recently bought and sold shares of the company. Harel Insurance Investments & Financial Services Ltd. grew its holdings in JPMorgan BetaBuilders Japan ETF by 161.1% in 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 during the last quarter. Richardson Financial Services Inc. acquired a new position in shares of JPMorgan BetaBuilders Japan ETF in the fourth quarter worth about $51,000. Armstrong Advisory Group Inc. acquired a new position in shares of JPMorgan BetaBuilders Japan ETF in the fourth quarter worth about $68,000. Blue Trust Inc. raised its position in shares of JPMorgan BetaBuilders Japan ETF by 147.6% during the 3rd quarter. Blue Trust Inc. now owns 1,362 shares of the company’s stock worth $77,000 after purchasing an additional 812 shares during the last quarter. Finally, Golden State Wealth Management LLC acquired a new position in shares of JPMorgan BetaBuilders Japan ETF during the 4th quarter worth about $129,000.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BATS BBJP opened at $56.51 on Friday. The stock has a market cap of $11.48 billion, a PE ratio of 13.74 and a beta of 0.77. The company’s 50-day simple moving average is $55.62 and its 200-day simple moving average is $56.79.

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.