Independent Wealth Network Inc. Invests $1.47 Million in JPMorgan BetaBuilders International Equity ETF $BBIN

Independent Wealth Network Inc. bought a new position in shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,064 shares of the company’s stock, valued at approximately $1,467,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in JPMorgan BetaBuilders International Equity ETF by 74.2% during the 1st quarter. Royal Bank of Canada now owns 39,779 shares of the company’s stock worth $2,447,000 after buying an additional 16,944 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan BetaBuilders International Equity ETF in the first quarter valued at approximately $1,200,000. Qube Research & Technologies Ltd lifted its position in shares of JPMorgan BetaBuilders International Equity ETF by 524,900.0% in the second quarter. Qube Research & Technologies Ltd now owns 21,000 shares of the company’s stock valued at $1,418,000 after acquiring an additional 20,996 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 101.3% in the second quarter. Raymond James Financial Inc. now owns 29,066 shares of the company’s stock worth $1,962,000 after acquiring an additional 14,628 shares during the last quarter. Finally, Graney & King LLC boosted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 8.4% in the second quarter. Graney & King LLC now owns 74,682 shares of the company’s stock worth $5,041,000 after acquiring an additional 5,793 shares during the last quarter.

JPMorgan BetaBuilders International Equity ETF Stock Performance

Shares of BBIN opened at $77.65 on Friday. The stock has a 50 day moving average price of $77.84 and a 200 day moving average price of $76.06. JPMorgan BetaBuilders International Equity ETF has a one year low of $65.56 and a one year high of $80.37. The stock has a market capitalization of $6.31 billion, a price-to-earnings ratio of 16.24 and a beta of 0.84.

JPMorgan BetaBuilders International Equity ETF 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.