Vestmark Advisory Solutions Inc. Has $35.72 Million Stock Holdings in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Vestmark Advisory Solutions Inc. lifted its stake in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 8.8% in the 4th quarter, Holdings Channel reports. 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 comprises about 1.8% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 9th biggest position. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan BetaBuilders International Equity ETF were worth $35,723,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the stock. Transcend Capital Advisors LLC lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 12.8% in the fourth quarter. Transcend Capital Advisors LLC now owns 11,201 shares of the company’s stock valued at $638,000 after buying an additional 1,268 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the fourth quarter valued at about $944,000. Geneos Wealth Management Inc. lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 9.8% in the fourth quarter. Geneos Wealth Management Inc. now owns 22,572 shares of the company’s stock valued at $1,285,000 after buying an additional 2,021 shares during the period. Prime Capital Investment Advisors LLC bought a new position in JPMorgan BetaBuilders International Equity ETF during the fourth quarter worth about $215,000. Finally, Allworth Financial LP bought a new position in JPMorgan BetaBuilders International Equity ETF during the fourth quarter worth about $32,000.

JPMorgan BetaBuilders International Equity ETF Stock Up 1.0 %

BBIN traded up $0.58 during midday trading on Friday, reaching $59.51. 79,528 shares of the company’s stock were exchanged. The company has a market cap of $4.07 billion, a price-to-earnings ratio of 14.76 and a beta of 0.83. The company’s 50 day moving average is $59.21 and its 200-day moving average is $56.52.

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.