Assetmark Inc. Cuts Stake in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Assetmark Inc. decreased its position in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 31.3% during the 3rd quarter, Holdings Channel reports. The fund owned 432,755 shares of the company’s stock after selling 197,404 shares during the quarter. Assetmark Inc.’s holdings in JPMorgan BetaBuilders International Equity ETF were worth $27,268,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Richardson Financial Services Inc. grew its holdings in JPMorgan BetaBuilders International Equity ETF by 4.6% during the second quarter. Richardson Financial Services Inc. now owns 4,595 shares of the company’s stock worth $271,000 after acquiring an additional 200 shares during the period. Transcend Capital Advisors LLC grew its stake in shares of JPMorgan BetaBuilders International Equity ETF by 5.3% during the 2nd quarter. Transcend Capital Advisors LLC now owns 10,059 shares of the company’s stock worth $594,000 after purchasing an additional 509 shares during the period. Twin Peaks Wealth Advisors LLC increased its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 11.5% in the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 5,509 shares of the company’s stock valued at $347,000 after purchasing an additional 569 shares in the last quarter. Firethorn Wealth Partners LLC lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 9.2% in the third quarter. Firethorn Wealth Partners LLC now owns 6,964 shares of the company’s stock valued at $439,000 after purchasing an additional 585 shares during the period. Finally, Ignite Planners LLC lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 10.4% in the second quarter. Ignite Planners LLC now owns 7,435 shares of the company’s stock valued at $450,000 after purchasing an additional 700 shares during the period.

JPMorgan BetaBuilders International Equity ETF Stock Down 1.3 %

Shares of BBIN opened at $59.53 on Friday. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 14.76 and a beta of 0.83. The business’s fifty day moving average is $61.31 and its 200-day moving average is $60.60.

JPMorgan BetaBuilders International Equity ETF Company 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.