JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Sets New 52-Week High – What’s Next?

JPMorgan BetaBuilders Europe ETF (BATS:BBEU)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $79.61 and last traded at $79.58, with a volume of 87774 shares changing hands. The stock had previously closed at $78.88.

JPMorgan BetaBuilders Europe ETF Price Performance

The stock has a fifty day moving average price of $76.85 and a 200-day moving average price of $75.32. The company has a market cap of $5.39 billion, a PE ratio of 16.78 and a beta of 0.93.

Institutional Trading of JPMorgan BetaBuilders Europe ETF

Hedge funds have recently modified their holdings of 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. Signaturefd LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the fourth quarter worth $28,000. Cullen Frost Bankers Inc. acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the fourth quarter worth $29,000. Aptus Capital Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the fourth quarter worth $32,000. Finally, Western Wealth Management LLC acquired a new position in shares of JPMorgan BetaBuilders Europe ETF in the first quarter worth $33,000.

About JPMorgan BetaBuilders Europe ETF

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.