JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Stock Price Up 1.1% – Here’s What Happened

JPMorgan BetaBuilders Europe ETF (BATS:BBEU)’s stock price shot up 1.1% during trading on Tuesday . The company traded as high as $78.59 and last traded at $78.36. 1,006,079 shares traded hands during mid-day trading, an increase of 100% from the average session volume of 502,851 shares. The stock had previously closed at $77.52.

JPMorgan BetaBuilders Europe ETF Stock Up 1.1%

The stock has a market capitalization of $5.31 billion, a P/E ratio of 16.78 and a beta of 0.93. The business’s 50 day simple moving average is $75.09 and its two-hundred day simple moving average is $74.53.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Choreo LLC lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 215.1% in the fourth quarter. Choreo LLC now owns 13,267 shares of the company’s stock valued at $976,000 after buying an additional 9,056 shares in the last quarter. Curbstone Financial Management Corp lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 111.7% in the fourth 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. Greenwood Capital Associates LLC lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 4.3% in the fourth quarter. Greenwood Capital Associates LLC now owns 378,649 shares of the company’s stock valued at $27,755,000 after buying an additional 15,752 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 27.4% in the third quarter. Envestnet Asset Management Inc. now owns 65,353 shares of the company’s stock valued at $4,549,000 after buying an additional 14,036 shares in the last quarter. Finally, Elm Partners Management LLC lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 38.7% in the third 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.

About JPMorgan BetaBuilders Europe ETF

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.