Betterment LLC Decreases Position in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Betterment LLC reduced its stake in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 18.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,054 shares of the company’s stock after selling 907 shares during the quarter. Betterment LLC’s holdings in JPMorgan BetaBuilders International Equity ETF were worth $231,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Advisory Services Network LLC lifted its position in shares of JPMorgan BetaBuilders International Equity ETF by 32.7% in the fourth quarter. Advisory Services Network LLC now owns 5,039 shares of the company’s stock valued at $288,000 after acquiring an additional 1,243 shares in the last quarter. Greenwich Wealth Management LLC purchased a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the fourth quarter valued at $330,000. AdvisorNet Financial Inc purchased a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the fourth quarter valued at $364,000. Truist Financial Corp purchased a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the fourth quarter valued at $444,000. Finally, Hsbc Holdings PLC purchased a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the fourth quarter valued at $464,000.

JPMorgan BetaBuilders International Equity ETF Stock Up 12.5 %

Shares of BATS:BBIN opened at $63.77 on Tuesday. JPMorgan BetaBuilders International Equity ETF has a 52-week low of $54.47 and a 52-week high of $64.29. The stock’s fifty day simple moving average is $61.41 and its 200-day simple moving average is $59.98. The company has a market capitalization of $5.14 billion, a P/E ratio of 15.73 and a beta of 0.82.

About JPMorgan BetaBuilders International Equity ETF

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.