Focus Financial Network Inc. Acquires 5,134 Shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Focus Financial Network Inc. raised its holdings in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) by 17.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,948 shares of the company’s stock after acquiring an additional 5,134 shares during the quarter. Focus Financial Network Inc.’s holdings in JPMorgan BetaBuilders Japan ETF were worth $2,067,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new position in shares of JPMorgan BetaBuilders Japan ETF in the fourth quarter valued at $8,995,000. Cerity Partners LLC bought a new position in shares of JPMorgan BetaBuilders Japan ETF in the fourth quarter valued at $257,000. Wetzel Investment Advisors Inc. bought a new position in JPMorgan BetaBuilders Japan ETF during the fourth quarter worth $88,000. Syon Capital LLC bought a new position in JPMorgan BetaBuilders Japan ETF during the fourth quarter worth $386,000. Finally, Spinnaker Trust bought a new position in JPMorgan BetaBuilders Japan ETF during the fourth quarter worth $6,682,000.

JPMorgan BetaBuilders Japan ETF Price Performance

BBJP stock traded down $0.28 during midday trading on Wednesday, reaching $57.91. 4,083,752 shares of the company were exchanged. The stock’s 50 day simple moving average is $56.50 and its 200-day simple moving average is $56.52. The firm has a market capitalization of $11.77 billion, a price-to-earnings ratio of 13.74 and a beta of 0.77.

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.