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JPMorgan ETFs Are A Hit, But With Its Own Clients: (BBJP)

TedTed
edited March 2019 in The Bullpen
FYI: (This is A follow-up article.)

JPMorgan Chase JPM +1.28% & Co. launched an exchange-traded fund last June that invests in Japanese stocks. The fund raised $1.7 billion in six weeks, making it one of the fastest ETFs ever to surpass $1 billion in assets.

The biggest buyers: JPMorgan’s clients.

By buying JPMorgan’s ETFs on behalf of customers, JPMorgan’s private bank and wealth management divisions helped the JPMorgan BetaBuilders Japan ETF BBJP +1.13% reach $3.3 billion in assets by the end of the year.
Regards,
Ted
https://www.wsj.com/articles/jpmorgan-etfs-are-a-hit-but-with-its-own-clients-11552302001?mod=hp_lista_pos4

M* Snapshot BBJP:
http://performance.morningstar.com/funds/etf/total-returns.action?t=BBJP&region=USA&culture=en_US
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