Bank of Montreal Can Makes New $21.24 Million Investment in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN)

Bank of Montreal Can purchased a new position in shares of JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 336,180 shares of the company’s stock, valued at approximately $21,243,000. Bank of Montreal Can owned approximately 0.49% of JPMorgan BetaBuilders International Equity ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of BBIN. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 7,400.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 750 shares of the company’s stock worth $44,000 after purchasing an additional 740 shares during the last quarter. Key Financial Inc acquired a new stake in JPMorgan BetaBuilders International Equity ETF in the 2nd quarter worth about $80,000. Strategic Financial Concepts LLC grew its holdings in JPMorgan BetaBuilders International Equity ETF by 2,600.5% in the 2nd quarter. Strategic Financial Concepts LLC now owns 186,552 shares of the company’s stock valued at $110,000 after buying an additional 179,644 shares during the period. Comerica Bank increased its stake in shares of JPMorgan BetaBuilders International Equity ETF by 111.6% during the 1st quarter. Comerica Bank now owns 4,015 shares of the company’s stock valued at $241,000 after acquiring an additional 2,118 shares during the last quarter. Finally, Mather Group LLC. purchased a new position in shares of JPMorgan BetaBuilders International Equity ETF during the 2nd quarter worth about $246,000.

JPMorgan BetaBuilders International Equity ETF Stock Performance

Shares of BBIN opened at $59.41 on Friday. The company has a fifty day moving average of $60.40 and a two-hundred day moving average of $60.51. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 14.76 and a beta of 0.83.

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.