Strategic Financial Concepts LLC Purchases New Stake in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Strategic Financial Concepts LLC acquired a new position in shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 6,908 shares of the company’s stock, valued at approximately $415,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BBIN. Lake Street Financial LLC raised its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 8.6% during the 3rd quarter. Lake Street Financial LLC now owns 30,394 shares of the company’s stock worth $1,589,000 after acquiring an additional 2,405 shares during the period. Commonwealth Equity Services LLC purchased a new position in JPMorgan BetaBuilders International Equity ETF during the third quarter worth about $259,000. Cambridge Investment Research Advisors Inc. boosted its holdings in JPMorgan BetaBuilders International Equity ETF by 5.6% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 170,749 shares of the company’s stock valued at $8,896,000 after purchasing an additional 9,079 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the 3rd quarter valued at approximately $300,000. Finally, Park Avenue Securities LLC acquired a new stake in shares of JPMorgan BetaBuilders International Equity ETF during the 3rd quarter worth approximately $2,639,000.

JPMorgan BetaBuilders International Equity ETF Price Performance

Shares of BBIN stock traded down $0.85 during trading on Tuesday, hitting $58.16. 160,952 shares of the stock traded hands. The company has a market capitalization of $3.98 billion, a price-to-earnings ratio of 14.63 and a beta of 0.82. The firm’s 50-day moving average price is $59.18 and its two-hundred day moving average price is $56.44.

JPMorgan BetaBuilders International Equity ETF Company Profile

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.