Breakwater Investment Management Has $1.09 Million Position in JPMorgan BetaBuilders Europe ETF (BATS:BBEU)

Breakwater Investment Management raised its holdings in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 61.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,672 shares of the company’s stock after purchasing an additional 7,488 shares during the quarter. Breakwater Investment Management’s holdings in JPMorgan BetaBuilders Europe ETF were worth $1,090,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. FMR LLC increased its position in shares of JPMorgan BetaBuilders Europe ETF by 19.0% during the third quarter. FMR LLC now owns 11,957 shares of the company’s stock worth $745,000 after acquiring an additional 1,912 shares in the last quarter. Quantinno Capital Management LP boosted its stake in JPMorgan BetaBuilders Europe ETF by 16.1% during the 3rd quarter. Quantinno Capital Management LP now owns 30,878 shares of the company’s stock valued at $1,925,000 after purchasing an additional 4,280 shares during the last quarter. Arvest Bank Trust Division acquired a new position in JPMorgan BetaBuilders Europe ETF during the 3rd quarter valued at about $20,121,000. Hardin Capital Partners LLC bought a new stake in JPMorgan BetaBuilders Europe ETF during the 3rd quarter worth approximately $217,000. Finally, First Affirmative Financial Network purchased a new stake in shares of JPMorgan BetaBuilders Europe ETF in the third quarter worth approximately $1,097,000.

JPMorgan BetaBuilders Europe ETF Stock Performance

Shares of BATS:BBEU opened at $57.00 on Tuesday. The firm’s 50-day moving average is $56.86 and its 200 day moving average is $59.17. The stock has a market capitalization of $7.47 billion, a PE ratio of 15.33 and a beta of 0.84.

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.