Royal Bank of Canada Boosts Stock Position in JPMorgan BetaBuilders Europe ETF $BBEU

Royal Bank of Canada grew its stake in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 217.9% during the 1st quarter, HoldingsChannel reports. The fund owned 26,920 shares of the company’s stock after purchasing an additional 18,452 shares during the quarter. Royal Bank of Canada’s holdings in JPMorgan BetaBuilders Europe ETF were worth $1,949,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the first quarter valued at $26,000. Cullen Frost Bankers Inc. bought a new position in JPMorgan BetaBuilders Europe ETF in the 4th quarter worth about $29,000. Aptus Capital Advisors LLC bought a new position in JPMorgan BetaBuilders Europe ETF in the 4th quarter worth about $32,000. CIBC Private Wealth Group LLC purchased a new stake in JPMorgan BetaBuilders Europe ETF during the 3rd quarter valued at about $42,000. Finally, Russell Investments Group Ltd. bought a new stake in JPMorgan BetaBuilders Europe ETF during the 3rd quarter valued at about $55,000.

JPMorgan BetaBuilders Europe ETF Stock Performance

Shares of JPMorgan BetaBuilders Europe ETF stock opened at $79.92 on Wednesday. The stock has a market capitalization of $5.41 billion, a PE ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a 52-week low of $67.11 and a 52-week high of $81.05. The company has a 50-day simple moving average of $78.35 and a two-hundred day simple moving average of $76.81.

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.