JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $76.92 and traded as high as $78.58. JPMorgan BetaBuilders Europe ETF shares last traded at $78.58, with a volume of 167,547 shares trading hands.

JPMorgan BetaBuilders Europe ETF Stock Up 3.2%

The company has a market capitalization of $5.32 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93. The firm has a 50 day moving average price of $77.01 and a two-hundred day moving average price of $76.92.

Hedge Funds Weigh In On JPMorgan BetaBuilders Europe ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC purchased a new stake in shares of JPMorgan BetaBuilders Europe ETF in the first quarter valued at $26,000. Compass Financial Management LLC acquired a new position in JPMorgan BetaBuilders Europe ETF in the 2nd quarter worth about $32,000. Western Wealth Management LLC purchased a new stake in shares of JPMorgan BetaBuilders Europe ETF during the 1st quarter worth about $33,000. Provenance Wealth Advisors LLC purchased a new stake in shares of JPMorgan BetaBuilders Europe ETF during the 3rd quarter worth about $37,000. Finally, Arlington Trust Co LLC lifted its stake in JPMorgan BetaBuilders Europe ETF by 215.8% in the second quarter. Arlington Trust Co LLC now owns 720 shares of the company’s stock valued at $56,000 after acquiring an additional 492 shares during the last quarter.

JPMorgan BetaBuilders Europe ETF Company Profile

(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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