Caprock Group LLC Invests $559,000 in JPMorgan BetaBuilders Europe ETF $BBEU

Caprock Group LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 8,183 shares of the company’s stock, valued at approximately $559,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flow Traders U.S. LLC purchased a new stake in shares of JPMorgan BetaBuilders Europe ETF in the 2nd quarter worth about $24,797,000. Elm Partners Management LLC lifted its holdings in shares of JPMorgan BetaBuilders Europe ETF by 290.9% during the 2nd quarter. Elm Partners Management LLC now owns 361,113 shares of the company’s stock worth $24,361,000 after acquiring an additional 268,744 shares during the period. Bank of America Corp DE raised its position in shares of JPMorgan BetaBuilders Europe ETF by 40.9% in the 2nd quarter. Bank of America Corp DE now owns 448,103 shares of the company’s stock worth $30,229,000 after buying an additional 130,062 shares during the period. Kingsview Wealth Management LLC purchased a new position in JPMorgan BetaBuilders Europe ETF in the second quarter valued at approximately $4,979,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in JPMorgan BetaBuilders Europe ETF by 355.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 51,666 shares of the company’s stock valued at $3,485,000 after purchasing an additional 40,327 shares during the period.

JPMorgan BetaBuilders Europe ETF Stock Up 0.7%

BBEU opened at $78.15 on Wednesday. The firm’s 50 day moving average is $75.15 and its 200-day moving average is $71.54. The firm has a market capitalization of $5.29 billion, a P/E ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a 52-week low of $54.58 and a 52-week high of $78.54.

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.