Nolet Wealth Management LLC Makes New Investment in JPMorgan BetaBuilders Europe ETF $BBEU

Nolet Wealth Management LLC bought a new position in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 30,265 shares of the company’s stock, valued at approximately $2,218,000. JPMorgan BetaBuilders Europe ETF makes up about 1.2% of Nolet Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding.

Several other large investors have also recently bought and sold shares of BBEU. Signaturefd LLC acquired a new position in JPMorgan BetaBuilders Europe ETF in the 4th quarter valued at approximately $28,000. Cullen Frost Bankers Inc. bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter valued at $29,000. Aptus Capital Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter worth $32,000. CIBC Private Wealth Group LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF during the third quarter worth $42,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of JPMorgan BetaBuilders Europe ETF in the third quarter worth $55,000.

JPMorgan BetaBuilders Europe ETF Stock Up 0.2%

BATS BBEU opened at $78.46 on Friday. The company has a market capitalization of $5.32 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a twelve month low of $64.50 and a twelve month high of $79.64. The stock has a fifty day simple moving average of $77.05 and a 200 day simple moving average of $75.42.

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.