JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Short Interest Down 38.3% in August

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 70,021 shares, a decrease of 38.3% from the July 30th total of 113,576 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 213,552 shares, the short-interest ratio is presently 0.3 days.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BBEU opened at $79.86 on Tuesday. JPMorgan BetaBuilders Europe ETF has a 1-year low of $67.11 and a 1-year high of $81.31. The company has a market capitalization of $5.41 billion, a P/E ratio of 16.78 and a beta of 0.93. The firm’s 50 day simple moving average is $78.77 and its 200 day simple moving average is $77.03.

Institutional Trading of JPMorgan BetaBuilders Europe ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan BetaBuilders Europe ETF by 159.3% during the 4th quarter. JPMorgan Chase & Co. now owns 91,996,902 shares of the company’s stock worth $6,743,373,000 after acquiring an additional 56,521,262 shares during the last quarter. Jane Street Group LLC increased its stake in JPMorgan BetaBuilders Europe ETF by 154.5% in the fourth quarter. Jane Street Group LLC now owns 1,165,348 shares of the company’s stock valued at $85,420,000 after acquiring an additional 707,519 shares during the last quarter. Bank of America Corp DE increased its stake in JPMorgan BetaBuilders Europe ETF by 119.4% in the third quarter. Bank of America Corp DE now owns 983,021 shares of the company’s stock valued at $68,428,000 after acquiring an additional 534,918 shares during the last quarter. Oarsman Capital Inc. purchased a new stake in JPMorgan BetaBuilders Europe ETF during the second quarter valued at about $8,384,000. Finally, Elm Partners Management LLC raised its position in JPMorgan BetaBuilders Europe ETF by 11.0% during the fourth quarter. Elm Partners Management LLC now owns 556,073 shares of the company’s stock valued at $40,760,000 after purchasing an additional 55,283 shares in the last quarter.

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.