Sowell Financial Services LLC Invests $733,000 in JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

Sowell Financial Services LLC purchased a new position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,380 shares of the company’s stock, valued at approximately $733,000.

Several other hedge funds have also recently modified their holdings of the business. Elm Partners Management LLC lifted its position in shares of JPMorgan BetaBuilders Canada ETF by 60.2% in the 3rd quarter. Elm Partners Management LLC now owns 467,618 shares of the company’s stock worth $33,804,000 after purchasing an additional 175,656 shares during the period. Victory Capital Management Inc. lifted its position in shares of JPMorgan BetaBuilders Canada ETF by 2.5% in the 4th quarter. Victory Capital Management Inc. now owns 380,642 shares of the company’s stock worth $26,870,000 after purchasing an additional 9,402 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth approximately $17,974,000. Segall Bryant & Hamill LLC purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 3rd quarter worth approximately $7,053,000. Finally, Financial Management Professionals Inc. purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth approximately $6,694,000.

JPMorgan BetaBuilders Canada ETF Stock Down 1.0 %

BATS:BBCA opened at $69.50 on Wednesday. JPMorgan BetaBuilders Canada ETF has a 52 week low of $62.71 and a 52 week high of $75.62. The firm has a 50 day moving average of $72.13 and a 200 day moving average of $72.24. The stock has a market capitalization of $7.39 billion, a price-to-earnings ratio of 19.71 and a beta of 1.04.

JPMorgan BetaBuilders Canada ETF Company Profile

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.