JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Hits New 52-Week High – Here’s What Happened

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $79.00 and last traded at $78.54, with a volume of 136 shares traded. The stock had previously closed at $78.15.

JPMorgan BetaBuilders Europe ETF Stock Up 0.7%

The company has a 50-day simple moving average of $75.15 and a two-hundred day simple moving average of $71.54. The stock has a market cap of $5.33 billion, a P/E ratio of 16.78 and a beta of 0.93.

Hedge Funds Weigh In On JPMorgan BetaBuilders Europe ETF

Hedge funds have recently modified their holdings of the company. Signaturefd LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter valued at about $28,000. Cullen Frost Bankers Inc. purchased a new position in JPMorgan BetaBuilders Europe ETF during the 4th quarter valued at about $29,000. Rothschild Investment LLC bought a new position in JPMorgan BetaBuilders Europe ETF during the 2nd quarter valued at approximately $32,000. Aptus Capital Advisors LLC purchased a new stake in JPMorgan BetaBuilders Europe ETF in the 4th quarter worth approximately $32,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in JPMorgan BetaBuilders Europe ETF in the 3rd quarter worth approximately $42,000.

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.