Y Intercept Hong Kong Ltd Makes New $1.52 Million Investment in JPMorgan BetaBuilders Japan ETF $BBJP

Y Intercept Hong Kong Ltd acquired a new stake in JPMorgan BetaBuilders Japan ETF (BATS:BBJP) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 22,005 shares of the company’s stock, valued at approximately $1,516,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of BBJP. Wallace Advisory Group LLC lifted its holdings in JPMorgan BetaBuilders Japan ETF by 220.7% in the 4th quarter. Wallace Advisory Group LLC now owns 24,595 shares of the company’s stock worth $1,621,000 after buying an additional 16,925 shares during the period. Patten Group Inc. bought a new stake in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter worth approximately $519,000. HighTower Advisors LLC increased its stake in shares of JPMorgan BetaBuilders Japan ETF by 1.4% during the fourth quarter. HighTower Advisors LLC now owns 778,232 shares of the company’s stock valued at $51,293,000 after buying an additional 10,483 shares during the period. Keel Point LLC increased its stake in shares of JPMorgan BetaBuilders Japan ETF by 18.5% during the third quarter. Keel Point LLC now owns 113,270 shares of the company’s stock valued at $7,512,000 after buying an additional 17,708 shares during the period. Finally, Portside Wealth Group LLC raised its holdings in shares of JPMorgan BetaBuilders Japan ETF by 36.4% during the fourth quarter. Portside Wealth Group LLC now owns 71,271 shares of the company’s stock valued at $4,697,000 after acquiring an additional 19,010 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Stock Performance

BBJP stock traded up $0.78 on Friday, reaching $76.33. The company’s stock had a trading volume of 564,447 shares, compared to its average volume of 1,831,207. The business has a fifty day simple moving average of $75.12 and a two-hundred day simple moving average of $72.07. JPMorgan BetaBuilders Japan ETF has a 12-month low of $58.83 and a 12-month high of $78.64. The firm has a market cap of $16.43 billion, a PE ratio of 14.47 and a beta of 0.65.

About JPMorgan BetaBuilders Japan ETF

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.