Blair William & Co. IL Bolsters Investment in JPMorgan BetaBuilders Japan ETF

During the latest financial quarter, investment firm Blair William & Co. IL substantively increased its investment in JPMorgan BetaBuilders Japan ETF (BATS:BBJP), amplifying its position by an impressive 68.4%. Regulatory filings with the Securities and Exchange Commission reveal that the firm gained additional 13,830 shares, bringing its total holding to 34,061 shares. The increased investment signifies a valuation of approximately $1.71 million at the time of the report.

Investment Moves by Other Institutions

Blair William & Co. IL was not alone in adjusting its ETF investments. The third quarter also saw NBC Securities Inc. enter a new position valued at $30,000 in the JPMorgan BetaBuilders Japan ETF. FSC Wealth Advisors LLC followed a similar path, initiating a fresh stake valued at $49,000. Significant growth in investment was also observed with Ronald Blue Trust Inc., which increased its holdings by 279.1%, amounting to a stake now valued at $59,000. Lastly, Fortis Capital Advisors LLC and Cornerstone Planning Group LLC opened up holdings in BBJP during the last two quarters, with investments of $59,000 and $67,000 respectively.

A Snapshot of BBJP's Market Performance

Opening at $55.36 on the latest trading day, BBJP has exhibited stability with a 50-day moving average price anchored at $53.37 and a 200-day moving average price hovering around $51.69. The ETF carries a market capitalization of $9.45 billion, a price-to-earnings ratio of 12.78, and a beta measurement of 0.67, suggesting a lower level of volatility in comparison to the broader market.

Understanding JPMorgan BetaBuilders Japan ETF

The JPMorgan BetaBuilders Japan ETF primarily invests in large- and mid-cap Japanese stocks and is designed to track a market cap-weighted index reflective of this market sector. The fund was established on June 15, 2018, and is managed by the financial powerhouse JPMorgan Chase.

Investment, Growth, ETF