JPMorgan Chase & Co. Reduces Stock Position in JPMorgan BetaBuilders Europe ETF (BATS:BBEU)

JPMorgan Chase & Co. cut its holdings in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 4.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,081,126 shares of the company’s stock after selling 1,861,569 shares during the quarter. JPMorgan Chase & Co. owned approximately 62.81% of JPMorgan BetaBuilders Europe ETF worth $2,601,876,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BBEU. LPL Financial LLC increased its holdings in shares of JPMorgan BetaBuilders Europe ETF by 23.7% in the 1st quarter. LPL Financial LLC now owns 107,274 shares of the company’s stock valued at $6,633,000 after acquiring an additional 20,524 shares during the last quarter. Assetmark Inc. boosted its position in JPMorgan BetaBuilders Europe ETF by 81.9% during the 1st quarter. Assetmark Inc. now owns 3,423 shares of the company’s stock valued at $212,000 after purchasing an additional 1,541 shares during the period. Cetera Investment Advisers boosted its position in JPMorgan BetaBuilders Europe ETF by 134.9% during the 1st quarter. Cetera Investment Advisers now owns 39,033 shares of the company’s stock valued at $2,413,000 after purchasing an additional 22,414 shares during the period. Signaturefd LLC acquired a new position in JPMorgan BetaBuilders Europe ETF during the 1st quarter valued at approximately $87,000. Finally, Ballentine Partners LLC acquired a new position in JPMorgan BetaBuilders Europe ETF during the 1st quarter valued at approximately $268,000.

JPMorgan BetaBuilders Europe ETF Price Performance

BATS:BBEU opened at $67.46 on Friday. JPMorgan BetaBuilders Europe ETF has a 12-month low of $54.58 and a 12-month high of $69.69. The firm has a market capitalization of $4.57 billion, a P/E ratio of 16.78 and a beta of 0.93. The business has a 50 day simple moving average of $67.30 and a 200 day simple moving average of $64.00.

JPMorgan BetaBuilders Europe ETF Profile

The JPMorgan BetaBuilders Europe ETF (BBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. BBEU was launched on Jun 15, 2018 and is managed by JPMorgan Chase.