JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Sets New 52-Week High – Here’s What Happened

JPMorgan BetaBuilders Canada ETF (BATS:BBCA)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $107.79 and last traded at $107.75, with a volume of 19704 shares traded. The stock had previously closed at $107.33.

JPMorgan BetaBuilders Canada ETF Price Performance

The stock’s 50 day moving average is $102.13 and its two-hundred day moving average is $99.19. The stock has a market capitalization of $10.99 billion, a PE ratio of 19.87 and a beta of 0.95.

Institutional Investors Weigh In On JPMorgan BetaBuilders Canada ETF

A number of large investors have recently modified their holdings of the company. Strategic Investment Management LLC lifted its stake in JPMorgan BetaBuilders Canada ETF by 58.5% during the fourth quarter. Strategic Investment Management LLC now owns 356,550 shares of the company’s stock worth $33,159,000 after purchasing an additional 131,610 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at approximately $10,499,000. Rice Partnership LLC purchased a new position in JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at approximately $6,875,000. Blue Edge Capital LLC acquired a new stake in JPMorgan BetaBuilders Canada ETF during the second quarter worth approximately $5,991,000. Finally, Marex Group plc acquired a new stake in JPMorgan BetaBuilders Canada ETF during the fourth quarter worth approximately $3,990,000.

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.