Transcend Capital Advisors LLC Sells 3,462 Shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Transcend Capital Advisors LLC trimmed its stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,459 shares of the company’s stock after selling 3,462 shares during the period. Transcend Capital Advisors LLC’s holdings in JPMorgan BetaBuilders Japan ETF were worth $1,652,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Spinnaker Trust acquired a new position in JPMorgan BetaBuilders Japan ETF during the 4th quarter valued at about $6,682,000. Syon Capital LLC acquired a new position in JPMorgan BetaBuilders Japan ETF during the 4th quarter valued at about $386,000. Wetzel Investment Advisors Inc. acquired a new position in JPMorgan BetaBuilders Japan ETF during the 4th quarter valued at about $88,000. AIA Group Ltd increased its position in JPMorgan BetaBuilders Japan ETF by 2.4% during the 4th quarter. AIA Group Ltd now owns 691,695 shares of the company’s stock valued at $36,328,000 after buying an additional 15,895 shares in the last quarter. Finally, Sapient Capital LLC acquired a new position in JPMorgan BetaBuilders Japan ETF during the 4th quarter valued at about $916,000.

JPMorgan BetaBuilders Japan ETF Stock Up 0.9 %

BATS:BBJP traded up $0.47 during mid-day trading on Friday, hitting $55.20. 1,738,228 shares of the company’s stock traded hands. The stock has a fifty day moving average of $57.00 and a two-hundred day moving average of $53.79. The company has a market cap of $11.28 billion, a P/E 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.