Envestnet Asset Management Inc. Buys 56,504 Shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 14.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 457,686 shares of the company’s stock after acquiring an additional 56,504 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.67% of JPMorgan BetaBuilders International Equity ETF worth $27,040,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. raised its position in shares of JPMorgan BetaBuilders International Equity ETF by 15.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 14,237 shares of the company’s stock worth $841,000 after acquiring an additional 1,893 shares during the last quarter. 3Chopt Investment Partners LLC raised its position in shares of JPMorgan BetaBuilders International Equity ETF by 48.8% during the fourth quarter. 3Chopt Investment Partners LLC now owns 39,799 shares of the company’s stock worth $2,266,000 after acquiring an additional 13,058 shares during the last quarter. Comerica Bank raised its position in shares of JPMorgan BetaBuilders International Equity ETF by 111.6% during the first quarter. Comerica Bank now owns 4,015 shares of the company’s stock worth $241,000 after acquiring an additional 2,118 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in JPMorgan BetaBuilders International Equity ETF by 26.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 235,182 shares of the company’s stock worth $13,895,000 after purchasing an additional 49,122 shares in the last quarter. Finally, Ignite Planners LLC increased its holdings in JPMorgan BetaBuilders International Equity ETF by 3.7% in the first quarter. Ignite Planners LLC now owns 6,735 shares of the company’s stock worth $403,000 after purchasing an additional 243 shares in the last quarter.

JPMorgan BetaBuilders International Equity ETF Stock Performance

Shares of BBIN stock opened at $62.12 on Friday. The company has a market capitalization of $4.25 billion, a P/E ratio of 14.76 and a beta of 0.83. The business has a fifty day simple moving average of $60.63 and a 200 day simple moving average of $60.17.

JPMorgan BetaBuilders International Equity ETF Company Profile

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.