JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Shares Bought by Coastal Investment Advisors Inc.

Coastal Investment Advisors Inc. boosted its stake in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU – Get Rating) by 48.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 1,513 shares of the company’s stock after purchasing an additional 497 shares during the period. Coastal Investment Advisors Inc.’s holdings in JPMorgan BetaBuilders Europe ETF were worth $73,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. O Shaughnessy Asset Management LLC acquired a new stake in shares of JPMorgan BetaBuilders Europe ETF in the fourth quarter valued at about $66,000. Advisor Group Holdings Inc. raised its position in shares of JPMorgan BetaBuilders Europe ETF by 17.5% in the fourth quarter. Advisor Group Holdings Inc. now owns 6,887 shares of the company’s stock valued at $333,000 after buying an additional 1,025 shares during the last quarter. HighTower Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders Europe ETF in the fourth quarter valued at about $222,000. Envestnet Asset Management Inc. raised its position in shares of JPMorgan BetaBuilders Europe ETF by 41.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 56,615 shares of the company’s stock valued at $2,746,000 after buying an additional 16,468 shares during the last quarter. Finally, Brinker Capital Investments LLC acquired a new stake in shares of JPMorgan BetaBuilders Europe ETF in the fourth quarter valued at about $207,000.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BATS BBEU opened at $53.36 on Friday. The firm has a 50 day simple moving average of $54.18 and a 200-day simple moving average of $51.86. The firm has a market capitalization of $9.23 billion, a PE ratio of 10.98 and a beta of 0.93.

About JPMorgan BetaBuilders Europe ETF

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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.