JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Reaches New 1-Year High – What’s Next?

JPMorgan BetaBuilders Europe ETF (BATS:BBEUGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $81.12 and last traded at $81.05, with a volume of 2406 shares changing hands. The stock had previously closed at $80.81.

JPMorgan BetaBuilders Europe ETF Trading Up 0.5%

The stock has a market cap of $5.50 billion, a PE ratio of 16.78 and a beta of 0.93. The business has a 50 day moving average of $78.57 and a 200-day moving average of $76.91.

Hedge Funds Weigh In On JPMorgan BetaBuilders Europe ETF

A number of hedge funds have recently modified their holdings of BBEU. Royal Bank of Canada increased its stake in JPMorgan BetaBuilders Europe ETF by 276.0% in the first quarter. Royal Bank of Canada now owns 24,816 shares of the company’s stock valued at $1,534,000 after purchasing an additional 18,216 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of JPMorgan BetaBuilders Europe ETF during the first quarter worth about $220,000. Cerity Partners LLC boosted its stake in shares of JPMorgan BetaBuilders Europe ETF by 38.9% during the second quarter. Cerity Partners LLC now owns 6,101 shares of the company’s stock worth $412,000 after buying an additional 1,709 shares during the period. Bank of Nova Scotia acquired a new stake in shares of JPMorgan BetaBuilders Europe ETF during the second quarter worth about $1,823,000. Finally, Quantinno Capital Management LP grew its holdings in shares of JPMorgan BetaBuilders Europe ETF by 21.2% during the second quarter. Quantinno Capital Management LP now owns 43,665 shares of the company’s stock worth $2,946,000 after buying an additional 7,633 shares during the last quarter.

About JPMorgan BetaBuilders Europe ETF

(Get Free Report)

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.

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