Kingsview Wealth Management LLC Invests $4.98 Million in JPMorgan BetaBuilders Europe ETF $BBEU

Kingsview Wealth Management LLC acquired a new stake in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 73,805 shares of the company’s stock, valued at approximately $4,979,000. Kingsview Wealth Management LLC owned 0.11% of JPMorgan BetaBuilders Europe ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in JPMorgan BetaBuilders Europe ETF by 1,196.1% during the second quarter. Farther Finance Advisors LLC now owns 661 shares of the company’s stock valued at $45,000 after purchasing an additional 610 shares in the last quarter. Signaturefd LLC purchased a new stake in shares of JPMorgan BetaBuilders Europe ETF in the first quarter worth $87,000. Global Trust Asset Management LLC bought a new stake in shares of JPMorgan BetaBuilders Europe ETF during the 2nd quarter valued at $199,000. PNC Financial Services Group Inc. lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 28.7% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,196 shares of the company’s stock valued at $216,000 after buying an additional 713 shares in the last quarter. Finally, Ironwood Investment Counsel LLC bought a new position in JPMorgan BetaBuilders Europe ETF in the 2nd quarter worth $223,000.

JPMorgan BetaBuilders Europe ETF Stock Performance

Shares of BBEU stock opened at $70.10 on Tuesday. The stock has a fifty day simple moving average of $70.07 and a two-hundred day simple moving average of $68.25. The firm has a market capitalization of $4.75 billion, a PE ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a 52-week low of $54.58 and a 52-week high of $69.69.

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.