Nolet Wealth Management LLC Takes Position in JPMorgan BetaBuilders Europe ETF $BBEU

Nolet Wealth Management LLC bought a new stake in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 30,265 shares of the company’s stock, valued at approximately $2,218,000. JPMorgan BetaBuilders Europe ETF accounts for approximately 1.2% of Nolet Wealth Management LLC’s portfolio, making the stock its 17th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of BBEU. Evansbrook LLC acquired a new stake in JPMorgan BetaBuilders Europe ETF in the fourth quarter worth $2,304,000. Corient Private Wealth LLC bought a new stake in JPMorgan BetaBuilders Europe ETF in the fourth quarter valued at $373,000. Mercer Global Advisors Inc. ADV acquired a new position in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter valued at about $520,000. NewEdge Advisors LLC raised its holdings in shares of JPMorgan BetaBuilders Europe ETF by 381.3% during the fourth quarter. NewEdge Advisors LLC now owns 15,600 shares of the company’s stock valued at $1,143,000 after purchasing an additional 12,359 shares during the period. Finally, Quadrature Capital Ltd bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter worth about $517,000.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BBEU opened at $78.46 on Friday. The stock has a 50-day moving average of $77.05 and a 200-day moving average of $75.42. The company has a market cap of $5.32 billion, a PE ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a one year low of $64.50 and a one year high of $79.64.

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.