Cullen Frost Bankers Inc. Trims Position in JPMorgan BetaBuilders Europe ETF (BATS:BBEU)

Cullen Frost Bankers Inc. decreased its position in shares of JPMorgan BetaBuilders Europe ETF (BATS:BBEU) by 87.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 717 shares of the company’s stock after selling 5,213 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in JPMorgan BetaBuilders Europe ETF were worth $40,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 18,688.9% during the third quarter. Jane Street Group LLC now owns 1,026,251 shares of the company’s stock valued at $63,976,000 after buying an additional 1,020,789 shares during the period. Arvest Bank Trust Division purchased a new position in shares of JPMorgan BetaBuilders Europe ETF during the third quarter valued at approximately $20,121,000. Greenwood Capital Associates LLC lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 7.6% during the fourth quarter. Greenwood Capital Associates LLC now owns 315,200 shares of the company’s stock valued at $17,468,000 after buying an additional 22,153 shares during the period. Icon Wealth Advisors LLC purchased a new position in shares of JPMorgan BetaBuilders Europe ETF during the third quarter valued at approximately $4,401,000. Finally, Quantinno Capital Management LP lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 16.1% during the third quarter. Quantinno Capital Management LP now owns 30,878 shares of the company’s stock valued at $1,925,000 after buying an additional 4,280 shares during the period.

JPMorgan BetaBuilders Europe ETF Stock Up 16.3 %

Shares of BBEU opened at $64.50 on Monday. The stock has a market capitalization of $4.20 billion, a P/E ratio of 17.99 and a beta of 0.97. The firm’s 50-day moving average price is $59.13 and its 200 day moving average price is $59.42.

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.