Icon Advisers Inc. Co. acquired a new stake in JPMorgan China Region Fund Inc (NYSE:JFC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 95,309 shares of the company’s stock, valued at approximately $1,913,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Beach Investment Management LLC. acquired a new stake in shares of JPMorgan China Region Fund in the second quarter valued at approximately $707,000. Wells Fargo & Company MN increased its stake in shares of JPMorgan China Region Fund by 810.5% during the second quarter. Wells Fargo & Company MN now owns 150,323 shares of the company’s stock worth $3,018,000 after purchasing an additional 133,813 shares during the period. Finally, ING Groep NV increased its stake in shares of JPMorgan China Region Fund by 131.8% during the second quarter. ING Groep NV now owns 287,388 shares of the company’s stock worth $5,768,000 after purchasing an additional 163,424 shares during the period. 62.87% of the stock is owned by institutional investors.

JPMorgan China Region Fund Inc (NYSE JFC) opened at 19.99 on Friday. The stock’s 50 day moving average price is $19.82 and its 200-day moving average price is $18.10. JPMorgan China Region Fund Inc has a 52 week low of $14.85 and a 52 week high of $20.08.

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JPMorgan China Region Fund Company Profile

JPMorgan China Region Fund, Inc is a non-diversified closed-end management investment company. The Fund seeks to achieve long-term capital appreciation through investments primarily in equity securities of companies with substantial assets in, or revenues derived from, the People’s Republic of China (China), Hong Kong, Taiwan and Macau, collectively, the China Region.

Institutional Ownership by Quarter for JPMorgan China Region Fund (NYSE:JFC)

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