Envestnet Asset Management Inc. Buys 56,121 Shares of JPMorgan BetaBuilders International Equity ETF $BBIN

Envestnet Asset Management Inc. increased its position in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 11.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 566,391 shares of the company’s stock after buying an additional 56,121 shares during the period. Envestnet Asset Management Inc.’s holdings in JPMorgan BetaBuilders International Equity ETF were worth $38,231,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NorthRock Partners LLC acquired a new position in JPMorgan BetaBuilders International Equity ETF during the 1st quarter worth approximately $50,000. AlphaCore Capital LLC bought a new stake in shares of JPMorgan BetaBuilders International Equity ETF during the first quarter valued at approximately $69,000. Capital Investment Advisory Services LLC acquired a new position in shares of JPMorgan BetaBuilders International Equity ETF during the first quarter worth approximately $98,000. Private Trust Co. NA raised its position in shares of JPMorgan BetaBuilders International Equity ETF by 56.7% during the first quarter. Private Trust Co. NA now owns 1,857 shares of the company’s stock worth $114,000 after purchasing an additional 672 shares during the period. Finally, Olde Wealth Management LLC bought a new position in shares of JPMorgan BetaBuilders International Equity ETF in the 1st quarter worth $161,000.

JPMorgan BetaBuilders International Equity ETF Trading Up 9.5%

BATS BBIN opened at $71.06 on Friday. The company has a market cap of $5.77 billion, a P/E ratio of 16.24 and a beta of 0.84. The company has a fifty day simple moving average of $70.31 and a 200 day simple moving average of $67.79. JPMorgan BetaBuilders International Equity ETF has a 12-month low of $54.47 and a 12-month high of $69.22.

About JPMorgan BetaBuilders International Equity ETF

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.