JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Sees Significant Decrease in Short Interest

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 33,232 shares, a decline of 65.8% from the April 30th total of 97,077 shares. Based on an average daily volume of 479,098 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On JPMorgan BetaBuilders Europe ETF

Large investors have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan BetaBuilders Europe ETF by 159.3% during the 4th quarter. JPMorgan Chase & Co. now owns 91,996,902 shares of the company’s stock valued at $6,743,373,000 after buying an additional 56,521,262 shares in the last quarter. Jane Street Group LLC lifted its holdings in JPMorgan BetaBuilders Europe ETF by 154.5% during the 4th quarter. Jane Street Group LLC now owns 1,165,348 shares of the company’s stock valued at $85,420,000 after buying an additional 707,519 shares in the last quarter. Bank of America Corp DE lifted its holdings in JPMorgan BetaBuilders Europe ETF by 119.4% during the 3rd quarter. Bank of America Corp DE now owns 983,021 shares of the company’s stock valued at $68,428,000 after buying an additional 534,918 shares in the last quarter. Elm Partners Management LLC lifted its holdings in JPMorgan BetaBuilders Europe ETF by 38.7% during 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 in the last quarter. Finally, Curbstone Financial Management Corp lifted its holdings in JPMorgan BetaBuilders Europe ETF by 111.7% during the 4th quarter. Curbstone Financial Management Corp now owns 62,830 shares of the company’s stock valued at $4,605,000 after buying an additional 33,150 shares in the last quarter.

JPMorgan BetaBuilders Europe ETF Trading Down 0.0%

BBEU stock opened at $77.93 on Friday. JPMorgan BetaBuilders Europe ETF has a 12 month low of $64.50 and a 12 month high of $79.61. The company has a 50-day moving average price of $75.39 and a 200 day moving average price of $74.66. The stock has a market cap of $5.28 billion, a PE ratio of 16.78 and a beta of 0.93.

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.