Sapient Capital LLC Lowers Stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Sapient Capital LLC reduced its stake in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 26.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,748 shares of the company’s stock after selling 4,702 shares during the quarter. Sapient Capital LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $746,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Private Trust Co. NA lifted its stake in JPMorgan BetaBuilders Japan ETF by 130.4% in the third quarter. Private Trust Co. NA now owns 4,406 shares of the company’s stock worth $221,000 after acquiring an additional 2,494 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new stake in JPMorgan BetaBuilders Japan ETF in the third quarter worth about $734,000. FSC Wealth Advisors LLC purchased a new stake in JPMorgan BetaBuilders Japan ETF in the third quarter worth about $49,000. Arlington Trust Co LLC purchased a new stake in JPMorgan BetaBuilders Japan ETF in the third quarter worth about $1,109,000. Finally, Bank of New York Mellon Corp lifted its stake in JPMorgan BetaBuilders Japan ETF by 359.7% in the third quarter. Bank of New York Mellon Corp now owns 267,795 shares of the company’s stock worth $13,454,000 after acquiring an additional 209,537 shares during the period.

JPMorgan BetaBuilders Japan ETF Price Performance

BATS:BBJP traded down $0.38 during mid-day trading on Tuesday, reaching $55.34. The company’s stock had a trading volume of 1,016,744 shares. The business’s 50-day simple moving average is $57.01 and its two-hundred day simple moving average is $53.88. The stock has a market capitalization of $11.31 billion, a price-to-earnings ratio of 13.88 and a beta of 0.75.

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.