Brandywine Oak Private Wealth LLC Cuts Stock Holdings in JPMorgan BetaBuilders Europe ETF (BATS:BBEU)

Brandywine Oak Private Wealth LLC trimmed its holdings in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,706 shares of the company’s stock after selling 1,729 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in JPMorgan BetaBuilders Europe ETF were worth $2,247,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Webster Bank N. A. bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter valued at about $26,000. Global Retirement Partners LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter valued at about $31,000. FSC Wealth Advisors LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the third quarter valued at about $39,000. O Shaughnessy Asset Management LLC raised its stake in shares of JPMorgan BetaBuilders Europe ETF by 21.2% during the third quarter. O Shaughnessy Asset Management LLC now owns 1,642 shares of the company’s stock valued at $83,000 after acquiring an additional 287 shares during the last quarter. Finally, Wetzel Investment Advisors Inc. bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter valued at about $95,000.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BATS:BBEU traded down $0.84 during midday trading on Wednesday, hitting $57.98. 215,210 shares of the stock traded hands. The stock has a market cap of $7.60 billion, a PE ratio of 15.20 and a beta of 0.84. The stock’s 50 day simple moving average is $58.45 and its 200 day simple moving average is $55.68.

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.