JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) Sees Significant Decrease in Short Interest

JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 31,706 shares, a decline of 63.7% from the July 15th total of 87,446 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 245,171 shares, the short-interest ratio is presently 0.1 days.

JPMorgan BetaBuilders International Equity ETF Price Performance

BATS BBIN opened at $81.58 on Friday. The stock has a market capitalization of $6.62 billion, a price-to-earnings ratio of 16.24 and a beta of 0.84. JPMorgan BetaBuilders International Equity ETF has a 1-year low of $68.02 and a 1-year high of $81.80. The business’s fifty day moving average price is $78.69 and its 200-day moving average price is $77.35.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Key Financial Inc boosted its position in JPMorgan BetaBuilders International Equity ETF by 13.7% in the first quarter. Key Financial Inc now owns 1,286 shares of the company’s stock worth $94,000 after purchasing an additional 155 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of JPMorgan BetaBuilders International Equity ETF by 8.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,521 shares of the company’s stock valued at $182,000 after purchasing an additional 203 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 1.4% in the 1st quarter. Private Advisor Group LLC now owns 43,507 shares of the company’s stock worth $3,181,000 after purchasing an additional 592 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 2.0% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 30,328 shares of the company’s stock worth $2,127,000 after purchasing an additional 604 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 2.7% in the fourth quarter. Geneos Wealth Management Inc. now owns 26,627 shares of the company’s stock worth $1,926,000 after buying an additional 707 shares during the last quarter.

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.