JPMorgan BetaBuilders Europe ETF $BBEU Shares Newly Acquired by Mechanics Bank Trust Department

Mechanics Bank Trust Department acquired a new position in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 8,549 shares of the company’s stock, valued at approximately $647,000.

Other large investors also recently added to or reduced their stakes in the company. Nolet Wealth Management LLC acquired a new stake in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter worth approximately $2,218,000. Cedarwood Wealth LLC bought a new stake in shares of JPMorgan BetaBuilders Europe ETF during the fourth quarter worth approximately $511,000. Evansbrook LLC acquired a new position in JPMorgan BetaBuilders Europe ETF in the fourth quarter valued at approximately $2,304,000. Fifth Third Bancorp acquired a new position in JPMorgan BetaBuilders Europe ETF in the first quarter valued at approximately $1,217,000. Finally, Citadel Advisors LLC acquired a new position in JPMorgan BetaBuilders Europe ETF in the second quarter valued at approximately $10,340,000.

JPMorgan BetaBuilders Europe ETF Stock Up 0.7%

BBEU stock traded up $0.49 during midday trading on Tuesday, reaching $75.18. The company’s stock had a trading volume of 670,443 shares, compared to its average volume of 400,436. JPMorgan BetaBuilders Europe ETF has a 52 week low of $68.24 and a 52 week high of $81.31. The stock has a market cap of $5.09 billion, a PE ratio of 16.78 and a beta of 0.93. The business’s 50-day simple moving average is $78.54 and its 200-day simple moving average is $77.37.

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.