JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Short Interest Down 73.4% in July

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 146,990 shares, a decrease of 73.4% from the June 30th total of 552,934 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 326,081 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On JPMorgan BetaBuilders Europe ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its stake in shares of JPMorgan BetaBuilders Europe ETF by 159.3% during the fourth quarter. JPMorgan Chase & Co. now owns 91,996,902 shares of the company’s stock valued at $6,743,373,000 after acquiring an additional 56,521,262 shares in the last quarter. Jane Street Group LLC grew its stake in JPMorgan BetaBuilders Europe ETF by 154.5% in the fourth quarter. Jane Street Group LLC now owns 1,165,348 shares of the company’s stock worth $85,420,000 after purchasing an additional 707,519 shares in the last quarter. Bank of America Corp DE grew its stake in JPMorgan BetaBuilders Europe ETF by 119.4% in the third quarter. Bank of America Corp DE now owns 983,021 shares of the company’s stock worth $68,428,000 after purchasing an additional 534,918 shares in the last quarter. Elm Partners Management LLC increased its holdings in JPMorgan BetaBuilders Europe ETF by 11.0% during the 4th quarter. Elm Partners Management LLC now owns 556,073 shares of the company’s stock worth $40,760,000 after purchasing an additional 55,283 shares during the period. Finally, Legacy CG LLC increased its holdings in JPMorgan BetaBuilders Europe ETF by 3.0% during the 4th quarter. Legacy CG LLC now owns 421,130 shares of the company’s stock worth $30,869,000 after purchasing an additional 12,283 shares during the period.

JPMorgan BetaBuilders Europe ETF Price Performance

BBEU stock opened at $77.28 on Friday. The company has a market capitalization of $5.24 billion, a PE ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a 12 month low of $64.97 and a 12 month high of $79.64. The firm’s 50-day moving average is $77.54 and its 200 day moving average is $76.29.

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.