Fosun International Ltd Buys New Shares in JPMorgan BetaBuilders Japan ETF $BBJP

Fosun International Ltd purchased a new position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 251,400 shares of the company’s stock, valued at approximately $15,531,000. JPMorgan BetaBuilders Japan ETF accounts for about 4.1% of Fosun International Ltd’s investment portfolio, making the stock its 4th largest position. Fosun International Ltd owned approximately 0.12% of JPMorgan BetaBuilders Japan ETF at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. New Vernon Capital Holdings II LLC increased its holdings in shares of JPMorgan BetaBuilders Japan ETF by 5,576.0% during the 1st quarter. New Vernon Capital Holdings II LLC now owns 5,673,452 shares of the company’s stock worth $318,451,000 after buying an additional 5,573,497 shares during the last quarter. 3EDGE Asset Management LP boosted its holdings in JPMorgan BetaBuilders Japan ETF by 1,657.8% in the second quarter. 3EDGE Asset Management LP now owns 711,704 shares of the company’s stock valued at $44,011,000 after acquiring an additional 671,216 shares during the last quarter. JPMorgan Chase & Co. grew its position in JPMorgan BetaBuilders Japan ETF by 0.4% during the second quarter. JPMorgan Chase & Co. now owns 134,394,885 shares of the company’s stock valued at $8,302,916,000 after acquiring an additional 575,364 shares during the period. Bank of Nova Scotia increased its stake in JPMorgan BetaBuilders Japan ETF by 947.3% during the second quarter. Bank of Nova Scotia now owns 190,600 shares of the company’s stock worth $11,775,000 after acquiring an additional 172,400 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the 1st quarter worth about $7,230,000.

JPMorgan BetaBuilders Japan ETF Price Performance

BATS BBJP opened at $69.17 on Monday. JPMorgan BetaBuilders Japan ETF has a 1-year low of $49.03 and a 1-year high of $63.72. The firm has a market capitalization of $14.89 billion, a P/E ratio of 14.47 and a beta of 0.65. The business’s 50-day simple moving average is $67.94 and its 200-day simple moving average is $64.57.

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.