Jones Financial Companies Lllp Invests $265,000 in iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN)

Jones Financial Companies Lllp purchased a new stake in shares of iShares JPX-Nikkei 400 ETF (NYSEARCA:JPXN) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 3,744 shares of the company’s stock, valued at approximately $265,000.

Other hedge funds also recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new position in shares of iShares JPX-Nikkei 400 ETF in the 3rd quarter worth approximately $278,000. Jane Street Group LLC grew its stake in shares of iShares JPX-Nikkei 400 ETF by 293.8% during the third quarter. Jane Street Group LLC now owns 48,360 shares of the company’s stock worth $3,702,000 after purchasing an additional 36,079 shares during the period. Finally, Flow Traders U.S. LLC raised its holdings in iShares JPX-Nikkei 400 ETF by 331.9% in the third quarter. Flow Traders U.S. LLC now owns 62,299 shares of the company’s stock worth $4,769,000 after purchasing an additional 47,875 shares during the period.

iShares JPX-Nikkei 400 ETF Stock Performance

NYSEARCA JPXN opened at $73.92 on Thursday. iShares JPX-Nikkei 400 ETF has a 52-week low of $64.09 and a 52-week high of $78.24. The business has a 50 day simple moving average of $72.01 and a 200 day simple moving average of $73.24. The stock has a market cap of $177.41 million, a price-to-earnings ratio of 14.28 and a beta of 0.63.

iShares JPX-Nikkei 400 ETF Profile

iShares Japan Large-Cap ETF (the Fund), formerly iShares S&P/TOPIX 150 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P/TOPIX 150 (the Index). The Index is comprised of approximately 70% of the market value of the Japanese equity market.