BBEU Stock Summary and Trading Ideas (JPMorgan Betabuilders Europe ETF | BATS:BBEU)

JPMorgan BetaBuilders Europe ETF seeks investment results that closely correspond to the Morningstar Developed Europe Target Market Exposure Index. The Underlying Index is a free float adjusted market capitalization-weighted index which consists of equity securities from developed European countries or regions, including: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom. The Underlying Index targets 85% of the stocks traded on the primary exchanges in each country by market capitalization, and primarily includes large- and mid-capitalization companies. Components of the Underlying Index are allocated across vari-ous sectors, including the financials and consumer staples sectors. However, the components of the Underlying Index and the countries and sectors represented are likely to change over time.

JPMorgan Betabuilders Europe ETF trades on the BATS stock market under the symbol BBEU.

As of April 19, 2024, BBEU stock price climbed to $57.15 with 251,644 million shares trading.

BBEU has a beta of 0.95, meaning it tends to be less sensitive to market movements. BBEU has a correlation of 0.63 to the broad based SPY ETF.

BBEU has a market cap of $7.49 billion. This is considered a Mid Cap stock.

In the last 3 years, BBEU stock traded as high as $61.22 and as low as $39.34.

BBEU stock has underperformed the market in the last year with a return of +6.4%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BBEU shares. However, BBEU has outperformed the market in the last 3 month and 2 week periods, returning +4.5% and -2.6%, while SPY returned +4.3% and -3.5%, respectively. This indicates BBEU has been having a stronger performance recently.

BBEU support price is $56.48 and resistance is $57.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBEU stock will trade within this expected range on the day.