Mount Lucas Management LP Boosts Holdings in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Mount Lucas Management LP lifted its position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 2.1% during the third quarter, HoldingsChannel reports. The firm owned 57,391 shares of the company’s stock after purchasing an additional 1,176 shares during the quarter. JPMorgan BetaBuilders Japan ETF comprises about 1.2% of Mount Lucas Management LP’s holdings, making the stock its 11th largest holding. Mount Lucas Management LP’s holdings in JPMorgan BetaBuilders Japan ETF were worth $3,402,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in BBJP. US Bancorp DE boosted its holdings in JPMorgan BetaBuilders Japan ETF by 105.9% in the first quarter. US Bancorp DE now owns 10,233 shares of the company’s stock valued at $599,000 after purchasing an additional 5,263 shares during the last quarter. Blair William & Co. IL boosted its stake in shares of JPMorgan BetaBuilders Japan ETF by 2.2% during the 1st quarter. Blair William & Co. IL now owns 34,994 shares of the company’s stock valued at $2,049,000 after buying an additional 768 shares during the last quarter. Bessemer Group Inc. grew its position in shares of JPMorgan BetaBuilders Japan ETF by 8,626.7% during the first quarter. Bessemer Group Inc. now owns 6,545 shares of the company’s stock worth $383,000 after buying an additional 6,470 shares in the last quarter. Lake Street Advisors Group LLC bought a new stake in shares of JPMorgan BetaBuilders Japan ETF in the first quarter worth $2,366,000. Finally, OLD Mission Capital LLC acquired a new stake in JPMorgan BetaBuilders Japan ETF in the first quarter valued at $7,054,000.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BBJP stock opened at $55.91 on Friday. The business’s fifty day moving average is $57.74 and its two-hundred day moving average is $57.12. The firm has a market cap of $11.36 billion, a price-to-earnings ratio of 13.74 and a beta of 0.77.

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.