Elm Partners Management LLC Raises Stake in JPMorgan BetaBuilders Europe ETF $BBEU

Elm Partners Management LLC grew its holdings in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 38.7% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 500,790 shares of the company’s stock after buying an additional 139,677 shares during the period. JPMorgan BetaBuilders Europe ETF accounts for approximately 1.7% of Elm Partners Management LLC’s portfolio, making the stock its 15th largest position. Elm Partners Management LLC owned about 0.74% of JPMorgan BetaBuilders Europe ETF worth $34,860,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Bank of America Corp DE increased its position in JPMorgan BetaBuilders Europe ETF by 40.9% in the 2nd quarter. Bank of America Corp DE now owns 448,103 shares of the company’s stock valued at $30,229,000 after acquiring an additional 130,062 shares during the period. Legacy CG LLC lifted its position in JPMorgan BetaBuilders Europe ETF by 5.4% during the 3rd quarter. Legacy CG LLC now owns 408,847 shares of the company’s stock worth $28,460,000 after acquiring an additional 20,943 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of JPMorgan BetaBuilders Europe ETF in the 2nd quarter valued at approximately $24,797,000. Greenwood Capital Associates LLC grew its stake in shares of JPMorgan BetaBuilders Europe ETF by 3.6% in the 3rd quarter. Greenwood Capital Associates LLC now owns 362,897 shares of the company’s stock valued at $25,261,000 after purchasing an additional 12,499 shares during the last quarter. Finally, 1 North Wealth Services LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the second quarter valued at approximately $7,221,000.

JPMorgan BetaBuilders Europe ETF Price Performance

JPMorgan BetaBuilders Europe ETF stock opened at $77.23 on Tuesday. The business has a 50 day simple moving average of $73.74 and a 200-day simple moving average of $70.75. JPMorgan BetaBuilders Europe ETF has a 12 month low of $54.58 and a 12 month high of $69.69. The stock has a market capitalization of $5.23 billion, a PE ratio of 16.78 and a beta of 0.93.

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.