JPMorgan Chase & Co. Sells 6,351,391 Shares of JPMorgan BetaBuilders Europe ETF $BBEU

JPMorgan Chase & Co. trimmed its holdings in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 15.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,475,640 shares of the company’s stock after selling 6,351,391 shares during the quarter. JPMorgan Chase & Co. owned 52.36% of JPMorgan BetaBuilders Europe ETF worth $2,469,459,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Wedbush Securities Inc. acquired a new position in shares of JPMorgan BetaBuilders Europe ETF during the third quarter worth $201,000. Caprock Group LLC bought a new position in JPMorgan BetaBuilders Europe ETF during the 3rd quarter worth $559,000. Prime Capital Investment Advisors LLC raised its position in JPMorgan BetaBuilders Europe ETF by 1.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 11,555 shares of the company’s stock worth $804,000 after purchasing an additional 180 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in JPMorgan BetaBuilders Europe ETF by 27.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 65,353 shares of the company’s stock worth $4,549,000 after buying an additional 14,036 shares during the period. Finally, Elm Partners Management LLC grew its position in shares of JPMorgan BetaBuilders Europe ETF by 38.7% in the 3rd quarter. Elm Partners Management LLC now owns 500,790 shares of the company’s stock valued at $34,860,000 after buying an additional 139,677 shares during the last quarter.

JPMorgan BetaBuilders Europe ETF Trading Down 0.2%

Shares of BBEU stock opened at $77.64 on Monday. JPMorgan BetaBuilders Europe ETF has a 1-year low of $54.58 and a 1-year high of $78.54. The stock has a market cap of $5.26 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93. The stock has a 50-day moving average of $74.89 and a 200-day moving average of $71.37.

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.