Sapient Capital LLC Trims Holdings in JPMorgan BetaBuilders Europe ETF (BATS:BBEU)

Sapient Capital LLC lowered its holdings in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 23.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,248 shares of the company’s stock after selling 3,174 shares during the quarter. Sapient Capital LLC’s holdings in JPMorgan BetaBuilders Europe ETF were worth $609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Municipal Employees Retirement System of Michigan raised its position in JPMorgan BetaBuilders Europe ETF by 19.0% in the first quarter. Municipal Employees Retirement System of Michigan now owns 2,697,749 shares of the company’s stock valued at $160,246,000 after purchasing an additional 430,030 shares during the period. Cooksen Wealth LLC purchased a new stake in JPMorgan BetaBuilders Europe ETF in the fourth quarter valued at $191,000. Syon Capital LLC purchased a new stake in JPMorgan BetaBuilders Europe ETF in the fourth quarter valued at $228,000. CIBC Private Wealth Group LLC purchased a new stake in JPMorgan BetaBuilders Europe ETF in the fourth quarter valued at $694,000. Finally, Dorsey & Whitney Trust CO LLC raised its holdings in shares of JPMorgan BetaBuilders Europe ETF by 17.0% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 105,346 shares of the company’s stock valued at $5,962,000 after buying an additional 15,286 shares during the period.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BBEU stock traded down $0.84 on Tuesday, hitting $57.98. The stock had a trading volume of 215,209 shares. The firm has a market capitalization of $7.60 billion, a price-to-earnings ratio of 15.20 and a beta of 0.84. The firm has a 50-day moving average of $58.43 and a 200 day moving average of $55.63.

JPMorgan BetaBuilders Europe ETF Company 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.