JPMorgan BetaBuilders Europe ETF $BBEU Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 5.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,317 shares of the company’s stock after purchasing an additional 2,464 shares during the quarter. Envestnet Asset Management Inc. owned about 0.08% of JPMorgan BetaBuilders Europe ETF worth $3,462,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in BBEU. Farther Finance Advisors LLC lifted its position in shares of JPMorgan BetaBuilders Europe ETF by 1,196.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 661 shares of the company’s stock worth $45,000 after buying an additional 610 shares during the last quarter. Signaturefd LLC acquired a new position in JPMorgan BetaBuilders Europe ETF in the first quarter valued at $87,000. Global Trust Asset Management LLC acquired a new position in JPMorgan BetaBuilders Europe ETF in the second quarter valued at $199,000. Assetmark Inc. increased its position in shares of JPMorgan BetaBuilders Europe ETF by 81.9% during the first quarter. Assetmark Inc. now owns 3,423 shares of the company’s stock worth $212,000 after purchasing an additional 1,541 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan BetaBuilders Europe ETF in the 1st quarter valued at about $220,000.

JPMorgan BetaBuilders Europe ETF Stock Up 27.9%

Shares of BATS BBEU opened at $70.93 on Friday. The stock has a market cap of $4.81 billion, a PE ratio of 16.78 and a beta of 0.93. The business has a 50-day moving average price of $70.04 and a 200 day moving average price of $68.18. JPMorgan BetaBuilders Europe ETF has a 52-week low of $54.58 and a 52-week high of $69.69.

About JPMorgan BetaBuilders Europe ETF

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.