Cobblestone Asset Management LLC Increases Position in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Cobblestone Asset Management LLC lifted its position in shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) by 45.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,294 shares of the company’s stock after buying an additional 2,579 shares during the quarter. Cobblestone Asset Management LLC’s holdings in JPMorgan BetaBuilders International Equity ETF were worth $523,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Ignite Planners LLC boosted its stake in JPMorgan BetaBuilders International Equity ETF by 3.7% in the 1st quarter. Ignite Planners LLC now owns 6,735 shares of the company’s stock worth $403,000 after purchasing an additional 243 shares during the period. Firethorn Wealth Partners LLC bought a new position in shares of JPMorgan BetaBuilders International Equity ETF during the first quarter worth $345,000. Lake Street Private Wealth LLC grew its stake in JPMorgan BetaBuilders International Equity ETF by 4.0% during the first quarter. Lake Street Private Wealth LLC now owns 31,538 shares of the company’s stock valued at $1,897,000 after acquiring an additional 1,208 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in JPMorgan BetaBuilders International Equity ETF by 50.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 11,526 shares of the company’s stock valued at $693,000 after acquiring an additional 3,846 shares during the last quarter. Finally, Perigon Wealth Management LLC lifted its stake in JPMorgan BetaBuilders International Equity ETF by 1,139.3% in the 1st quarter. Perigon Wealth Management LLC now owns 205,411 shares of the company’s stock worth $12,352,000 after purchasing an additional 188,836 shares in the last quarter.

JPMorgan BetaBuilders International Equity ETF Stock Performance

Shares of BBIN traded up $0.38 during midday trading on Friday, hitting $61.64. 79,416 shares of the company traded hands. The stock has a market cap of $4.22 billion, a PE ratio of 14.76 and a beta of 0.83. The firm has a 50 day simple moving average of $61.67 and a 200 day simple moving average of $60.45.

About JPMorgan BetaBuilders International Equity ETF

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.