HighTower Advisors LLC Decreases Position in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

HighTower Advisors LLC decreased its holdings in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 18.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,290 shares of the company’s stock after selling 758 shares during the period. HighTower Advisors LLC’s holdings in JPMorgan BetaBuilders International Equity ETF were worth $207,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Key Financial Inc purchased a new stake in JPMorgan BetaBuilders International Equity ETF during the second quarter valued at $80,000. Rothschild Investment LLC purchased a new stake in shares of JPMorgan BetaBuilders International Equity ETF during the 2nd quarter valued at about $3,073,000. Aptus Capital Advisors LLC lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 217.5% in the 2nd quarter. Aptus Capital Advisors LLC now owns 158,591 shares of the company’s stock worth $9,370,000 after purchasing an additional 108,636 shares during the period. Private Advisor Group LLC lifted its stake in shares of JPMorgan BetaBuilders International Equity ETF by 72.8% in the 2nd quarter. Private Advisor Group LLC now owns 18,425 shares of the company’s stock worth $1,089,000 after purchasing an additional 7,762 shares during the period. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 2,600.5% in the second quarter. Strategic Financial Concepts LLC now owns 186,552 shares of the company’s stock worth $110,000 after buying an additional 179,644 shares during the last quarter.

JPMorgan BetaBuilders International Equity ETF Price Performance

Shares of BATS:BBIN opened at $57.39 on Thursday. The stock has a market capitalization of $3.93 billion, a P/E ratio of 14.76 and a beta of 0.83. The firm’s fifty day moving average price is $59.29 and its 200 day moving average price is $60.26.

JPMorgan BetaBuilders International Equity ETF 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.