Mirae Asset Global Investments Co. Ltd. Makes New $67.68 Million Investment in JPMorgan BetaBuilders Japan ETF $BBJP

Mirae Asset Global Investments Co. Ltd. bought a new position in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) during the third quarter, Holdings Channel reports. The fund bought 862,183 shares of the company’s stock, valued at approximately $67,681,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Assetmark Inc. increased its stake in shares of JPMorgan BetaBuilders Japan ETF by 1.0% in the 1st quarter. Assetmark Inc. now owns 14,338 shares of the company’s stock worth $988,000 after acquiring an additional 139 shares in the last quarter. Retirement Planning Group LLC boosted its stake in JPMorgan BetaBuilders Japan ETF by 2.5% during the first quarter. Retirement Planning Group LLC now owns 11,987 shares of the company’s stock worth $826,000 after acquiring an additional 296 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in JPMorgan BetaBuilders Japan ETF by 3.6% during the first quarter. Geneos Wealth Management Inc. now owns 9,456 shares of the company’s stock worth $652,000 after acquiring an additional 330 shares in the last quarter. NewEdge Advisors LLC boosted its stake in JPMorgan BetaBuilders Japan ETF by 84.4% during the first quarter. NewEdge Advisors LLC now owns 723 shares of the company’s stock worth $50,000 after acquiring an additional 331 shares in the last quarter. Finally, Root Financial Partners LLC bought a new stake in JPMorgan BetaBuilders Japan ETF during the third quarter worth about $28,000.

JPMorgan BetaBuilders Japan ETF Stock Performance

Shares of BBJP opened at $75.07 on Monday. The stock has a market cap of $16.16 billion, a PE ratio of 14.47 and a beta of 0.65. JPMorgan BetaBuilders Japan ETF has a fifty-two week low of $65.72 and a fifty-two week high of $80.52. The firm’s 50-day simple moving average is $77.90 and its two-hundred day simple moving average is $74.41.

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.