AIA Group Ltd Reduces Stock Position in JPMorgan BetaBuilders Europe ETF (BATS:BBEU)

AIA Group Ltd lowered its stake in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 29.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 97,170 shares of the company’s stock after selling 41,330 shares during the quarter. AIA Group Ltd owned 0.08% of JPMorgan BetaBuilders Europe ETF worth $5,499,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC boosted its holdings in JPMorgan BetaBuilders Europe ETF by 21.2% in the third quarter. O Shaughnessy Asset Management LLC now owns 1,642 shares of the company’s stock worth $83,000 after purchasing an additional 287 shares during the last quarter. Orion Portfolio Solutions LLC boosted its stake in shares of JPMorgan BetaBuilders Europe ETF by 4.1% during the 1st quarter. Orion Portfolio Solutions LLC now owns 7,833 shares of the company’s stock worth $430,000 after acquiring an additional 307 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of JPMorgan BetaBuilders Europe ETF by 0.3% during the 2nd quarter. Prudential Financial Inc. now owns 103,946 shares of the company’s stock worth $4,815,000 after acquiring an additional 330 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of JPMorgan BetaBuilders Europe ETF by 9.0% during the 1st quarter. HighTower Advisors LLC now owns 5,001 shares of the company’s stock worth $268,000 after acquiring an additional 411 shares during the last quarter. Finally, Webster Bank N. A. purchased a new position in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter worth $26,000.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of JPMorgan BetaBuilders Europe ETF stock traded up $0.22 on Thursday, hitting $57.13. 294,908 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $58.13 and a 200-day moving average of $55.17. The company has a market capitalization of $7.49 billion, a PE ratio of 15.20 and a beta of 0.84.

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.