JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Position Lowered by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 50.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,942,695 shares of the company’s stock after selling 45,106,049 shares during the quarter. JPMorgan Chase & Co. owned approximately 33.53% of JPMorgan BetaBuilders Europe ETF worth $2,435,304,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Jane Street Group LLC lifted its position in shares of JPMorgan BetaBuilders Europe ETF by 18,688.9% in the 3rd quarter. Jane Street Group LLC now owns 1,026,251 shares of the company’s stock worth $63,976,000 after buying an additional 1,020,789 shares during the last quarter. Arvest Bank Trust Division bought a new position in JPMorgan BetaBuilders Europe ETF in the third quarter worth about $20,121,000. MML Investors Services LLC acquired a new position in JPMorgan BetaBuilders Europe ETF in the third quarter valued at approximately $1,765,000. Kelly Financial Group LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter valued at approximately $1,380,000. Finally, Greenwood Capital Associates LLC raised its position in shares of JPMorgan BetaBuilders Europe ETF by 7.6% during the 4th quarter. Greenwood Capital Associates LLC now owns 315,200 shares of the company’s stock worth $17,468,000 after purchasing an additional 22,153 shares during the period.

JPMorgan BetaBuilders Europe ETF Price Performance

BATS:BBEU opened at $62.72 on Friday. The business has a 50 day simple moving average of $61.26 and a 200 day simple moving average of $59.61. JPMorgan BetaBuilders Europe ETF has a 12-month low of $54.83 and a 12-month high of $64.68. The firm has a market capitalization of $4.10 billion, a P/E ratio of 18.30 and a beta of 0.96.

JPMorgan BetaBuilders Europe ETF Company 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.