AlphaCentric Advisors LLC Decreases Stock Position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

AlphaCentric Advisors LLC cut its position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 63.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,093 shares of the company’s stock after selling 5,270 shares during the period. AlphaCentric Advisors LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in BBJP. Harel Insurance Investments & Financial Services Ltd. boosted its stake in JPMorgan BetaBuilders Japan ETF by 161.1% during the 4th 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. purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the fourth quarter worth about $51,000. Armstrong Advisory Group Inc. purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the fourth quarter worth about $68,000. Blue Trust Inc. boosted its position in JPMorgan BetaBuilders Japan ETF by 147.6% during the third quarter. Blue Trust Inc. now owns 1,362 shares of the company’s stock worth $77,000 after acquiring an additional 812 shares during the last quarter. Finally, Golden State Wealth Management LLC purchased a new stake in JPMorgan BetaBuilders Japan ETF during the 4th quarter valued at about $129,000.

JPMorgan BetaBuilders Japan ETF Stock Performance

BBJP stock opened at $56.51 on Monday. The firm has a market cap of $11.48 billion, a P/E ratio of 13.74 and a beta of 0.77. The company has a 50 day simple moving average of $55.62 and a 200-day simple moving average of $56.77.

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.