Vestmark Advisory Solutions Inc. Buys 50,839 Shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Vestmark Advisory Solutions Inc. boosted its stake in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 627,492 shares of the company’s stock after acquiring an additional 50,839 shares during the period. JPMorgan BetaBuilders International Equity ETF accounts for 1.8% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 9th largest position. Vestmark Advisory Solutions Inc. owned approximately 0.92% of JPMorgan BetaBuilders International Equity ETF worth $35,723,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in BBIN. Commonwealth Equity Services LLC acquired a new stake in JPMorgan BetaBuilders International Equity ETF in the third quarter valued at $259,000. Cambridge Investment Research Advisors Inc. raised its holdings in JPMorgan BetaBuilders International Equity ETF by 5.6% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 170,749 shares of the company’s stock valued at $8,896,000 after acquiring an additional 9,079 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in JPMorgan BetaBuilders International Equity ETF in the third quarter valued at $300,000. Park Avenue Securities LLC acquired a new stake in JPMorgan BetaBuilders International Equity ETF in the third quarter valued at $2,639,000. Finally, TBH Global Asset Management LLC acquired a new stake in JPMorgan BetaBuilders International Equity ETF in the third quarter valued at $3,267,000.

JPMorgan BetaBuilders International Equity ETF Stock Up 1.0 %

BBIN stock traded up $0.58 during trading on Friday, hitting $59.51. 79,528 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $59.21 and its two-hundred day moving average price is $56.52. The stock has a market cap of $4.07 billion, a PE ratio of 14.76 and a beta of 0.83.

JPMorgan BetaBuilders International Equity ETF Profile

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.