JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Reaches New 12-Month High – Here’s What Happened

Shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) reached a new 52-week high on Tuesday . The stock traded as high as $107.86 and last traded at $107.80, with a volume of 86401 shares. The stock had previously closed at $107.11.

JPMorgan BetaBuilders Canada ETF Trading Down 0.7%

The firm has a fifty day moving average of $102.87 and a two-hundred day moving average of $99.72. The company has a market cap of $11.10 billion, a PE ratio of 19.87 and a beta of 0.95.

Hedge Funds Weigh In On JPMorgan BetaBuilders Canada ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cerity Partners LLC lifted its stake in shares of JPMorgan BetaBuilders Canada ETF by 47.3% during the 2nd quarter. Cerity Partners LLC now owns 7,948 shares of the company’s stock valued at $641,000 after buying an additional 2,554 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in JPMorgan BetaBuilders Canada ETF in the 2nd quarter valued at approximately $166,000. Quantinno Capital Management LP grew its stake in JPMorgan BetaBuilders Canada ETF by 183.6% in the 2nd quarter. Quantinno Capital Management LP now owns 24,613 shares of the company’s stock valued at $1,986,000 after buying an additional 15,935 shares in the last quarter. Jane Street Group LLC bought a new stake in JPMorgan BetaBuilders Canada ETF during the 2nd quarter valued at $785,000. Finally, Ameriprise Financial Inc. raised its holdings in JPMorgan BetaBuilders Canada ETF by 8.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 184,617 shares of the company’s stock valued at $14,899,000 after acquiring an additional 14,167 shares during the period.

About JPMorgan BetaBuilders Canada ETF

The JPMorgan BetaBuilders Canada ETF (BBCA) 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 Canadian equities. BBCA was launched on Aug 7, 2018 and is managed by JPMorgan Chase.