Icon Wealth Advisors LLC Buys New Stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP)

Icon Wealth Advisors LLC bought a new position in shares of JPMorgan BetaBuilders Japan ETF (BATS:BBJP) in the third quarter, HoldingsChannel.com reports. The firm bought 735,607 shares of the company’s stock, valued at approximately $43,607,000. JPMorgan BetaBuilders Japan ETF comprises about 1.6% of Icon Wealth Advisors LLC’s portfolio, making the stock its 8th largest position.

A number of other hedge funds also recently bought and sold shares of BBJP. Acima Private Wealth LLC raised its stake in JPMorgan BetaBuilders Japan ETF by 0.6% during the 2nd quarter. Acima Private Wealth LLC now owns 35,305 shares of the company’s stock valued at $1,992,000 after purchasing an additional 211 shares during the last quarter. Creative Planning grew its holdings in shares of JPMorgan BetaBuilders Japan ETF by 7.9% during the 2nd quarter. Creative Planning now owns 5,008 shares of the company’s stock worth $283,000 after purchasing an additional 367 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in JPMorgan BetaBuilders Japan ETF by 125.2% in the second quarter. Brown Brothers Harriman & Co. now owns 678 shares of the company’s stock worth $38,000 after purchasing an additional 377 shares during the period. Harbour Investments Inc. boosted its position in shares of JPMorgan BetaBuilders Japan ETF by 5.0% during the 2nd quarter. Harbour Investments Inc. now owns 8,121 shares of the company’s stock valued at $458,000 after acquiring an additional 389 shares in the last quarter. Finally, Axiom Advisory LLC raised its position in JPMorgan BetaBuilders Japan ETF by 1.6% in the third quarter. Axiom Advisory LLC now owns 29,184 shares of the company’s stock worth $1,680,000 after purchasing an additional 456 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

BBJP stock opened at $55.89 on Friday. The firm has a fifty day moving average of $57.61 and a 200 day moving average of $57.10. The company has a market cap of $11.36 billion, a price-to-earnings ratio of 13.74 and a beta of 0.77.

JPMorgan BetaBuilders Japan ETF Company Profile

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.