|Bid||22.83 x 1400|
|Ask||23.61 x 27000|
|Day's Range||22.85 - 22.95|
|52 Week Range||20.34 - 25.19|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.19%|
Japan delivers GDP growth amid projections of a slight decline for first-quarter 2019, putting ETFs with strong exposure to the region in focus.
Despite a volatile 2018, some ETF providers were well positioned to capitalize on the market turmoil and attract investors away from more established investment strategies in the ETF space.
The acronym of "BYOA," which stands for "bring your own assets" is quickly gaining traction in the exchange-traded fund (ETF) issuer space, and JP Morgan is leading the charge for steering its own clients to its ETF products. According to a report in the Wall Street Journal, it's a practice that does not cut corners with regulations as long as proper disclosure is made. “There is robust disclosure provided to wealth management clients relating to conflicts arising from the investment of client assets in JPMorgan managed strategies,” said JPMorgan spokeswoman Kristen Chambers.
JPMorgan Asset Management’s exchange traded fund business saw sales increase tenfold as it tries to muscle out some of the more stalwart players in the ETF industry. The Wall Street bank offered some of ...
With dozens of new exchange-traded funds (ETFs) coming to market every month, the industry has begun 2019 with momentum to keep growing. While the field is dominated by a handful of major issuers, including iShares, Vanguard and Schwab, comparably smaller players are constantly vying for investor attention as well.
In November, Japan's industrial output fell by 1.1% on a month-over-month basis, reversing from the gains in October and putting Japan ETFs in focus.
The Japanese economy is showing signs of a pick up after upbeat retails sales data for the month of October, putting related ETFs in focus.
Japanese stocks haven't been immune to the downside experienced this year by ex-U.S. developed markets equities. In fact, Japan is one of the worst ex-U.S. developed markets offenders as highlighted by a year-to-date loss of 5.62 percent for the MSCI Japan Index. Investors looking to participate in a potential resurgence for Japanese stocks can consider exchange traded funds, particularly low-cost fare if the intended holding period is expected to be lengthy.
Thanks to the rise in “thematic investing” and craze for “smart beta,” the ETF industry is seeing explosive growth in terms of both AUM and launches. It has seen 175 launches and 125 closures so far this year, taking the total number of ETFs to 2,171 and total assets to more than $3.7 trillion in the U.S. market.
Global ETFs have gathered around $41.13 billion in assets in July -- the largest monthly net inflows since January -- to hit $5.1 trillion in AUM.
Investors were once leery of new exchange traded funds, often waiting months or even years to give them a spin. Some newer ETFs are proving that the hands-off treatment is waning. Until recently, the JPMorgan BetaBuilders Japan ETF (NYSE: BBJP) was leading an anonymous existence, an understandable phenomenon when considering the field of Japan ETFs is crowded and that BBJP is barely a month old.
JPMorgan BetaBuilders Japan ETF (BBJP) has wowed the ETF community, reaching almost $1.4 billion assets under management since debuting just over a month ago on June 15. One point of comparison with respect to other similar funds is BBJP's low expense ratio of 0.19%. When juxtaposed with a similar ETF, such as the iShares MSCI Japan ETF (EWJ) , its expense ratio is 30 basis points higher with an expense fee of 0.49%.