Comerica Bank Reduces Stock Position in JPMorgan BetaBuilders Europe ETF (BATS:BBEU)

Comerica Bank lessened its position in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 4.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,384 shares of the company’s stock after selling 1,054 shares during the quarter. Comerica Bank’s holdings in JPMorgan BetaBuilders Europe ETF were worth $1,241,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Tudor Investment Corp ET AL purchased a new stake in JPMorgan BetaBuilders Europe ETF during the 4th quarter valued at about $510,000. Susquehanna International Group LLP purchased a new position in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter valued at about $2,899,000. MML Investors Services LLC raised its stake in shares of JPMorgan BetaBuilders Europe ETF by 11.8% during the 4th quarter. MML Investors Services LLC now owns 31,667 shares of the company’s stock valued at $1,755,000 after buying an additional 3,348 shares during the last quarter. Marshall Wace LLP purchased a new position in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter valued at about $6,389,000. Finally, Bessemer Group Inc. purchased a new position in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter valued at about $319,000.

JPMorgan BetaBuilders Europe ETF Stock Performance

BATS BBEU opened at $64.99 on Monday. The stock has a 50-day simple moving average of $62.25 and a two-hundred day simple moving average of $59.70. The firm has a market capitalization of $4.35 billion, a P/E ratio of 16.51 and a beta of 0.89. JPMorgan BetaBuilders Europe ETF has a fifty-two week low of $54.58 and a fifty-two week high of $65.39.

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.