Northwestern Mutual Wealth Management Co. Buys 13,203 Shares of JPMorgan BetaBuilders Japan ETF $BBJP

Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 104.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,816 shares of the company’s stock after acquiring an additional 13,203 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan BetaBuilders Japan ETF were worth $1,702,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in BBJP. Jones Financial Companies Lllp bought a new position in JPMorgan BetaBuilders Japan ETF in the 1st quarter worth about $489,000. Goldman Sachs Group Inc. bought a new position in JPMorgan BetaBuilders Japan ETF in the 1st quarter worth about $7,230,000. Brown Advisory Inc. bought a new position in JPMorgan BetaBuilders Japan ETF in the 2nd quarter worth about $217,000. Cerity Partners LLC lifted its position in shares of JPMorgan BetaBuilders Japan ETF by 317.1% in the 2nd quarter. Cerity Partners LLC now owns 49,067 shares of the company’s stock worth $3,031,000 after purchasing an additional 37,303 shares during the period. Finally, Qube Research & Technologies Ltd boosted its stake in shares of JPMorgan BetaBuilders Japan ETF by 8,242.5% during the second quarter. Qube Research & Technologies Ltd now owns 22,358 shares of the company’s stock valued at $1,381,000 after purchasing an additional 22,090 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

BATS BBJP opened at $74.97 on Thursday. The firm’s 50 day moving average price is $71.72 and its 200-day moving average price is $70.54. JPMorgan BetaBuilders Japan ETF has a 52-week low of $58.63 and a 52-week high of $76.88. The company has a market cap of $16.14 billion, a PE ratio of 14.47 and a beta of 0.65.

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.