JPMorgan BetaBuilders Europe ETF $BBEU Shares Purchased by Elm Partners Management LLC

Elm Partners Management LLC lifted its holdings in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 11.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 556,073 shares of the company’s stock after purchasing an additional 55,283 shares during the period. JPMorgan BetaBuilders Europe ETF comprises 1.8% of Elm Partners Management LLC’s holdings, making the stock its 16th biggest holding. Elm Partners Management LLC owned about 0.82% of JPMorgan BetaBuilders Europe ETF worth $40,760,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in BBEU. Signaturefd LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the 4th quarter worth approximately $28,000. Cullen Frost Bankers Inc. acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the fourth quarter worth about $29,000. CIBC Private Wealth Group LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the third quarter worth about $42,000. Russell Investments Group Ltd. acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the third quarter worth about $55,000. Finally, International Assets Investment Management LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the fourth quarter worth about $119,000.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BBEU opened at $77.93 on Friday. JPMorgan BetaBuilders Europe ETF has a one year low of $64.50 and a one year high of $79.61. The company has a 50-day moving average of $75.39 and a two-hundred day moving average of $74.66. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93.

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.