JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Sets New 1-Year High – What’s Next?

JPMorgan BetaBuilders Canada ETF (BATS:BBCA)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $106.30 and last traded at $106.10, with a volume of 214011 shares changing hands. The stock had previously closed at $105.77.

JPMorgan BetaBuilders Canada ETF Stock Performance

The stock’s 50-day moving average price is $101.61 and its two-hundred day moving average price is $98.89. The stock has a market capitalization of $11.02 billion, a PE ratio of 19.87 and a beta of 0.95.

Institutional Investors Weigh In On JPMorgan BetaBuilders Canada ETF

Hedge funds have recently bought and sold shares of the business. Silphium Asset Management Ltd purchased a new position in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at $3,990,000. Rice Partnership LLC purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter valued at about $6,875,000. Y Intercept Hong Kong Ltd purchased a new stake in JPMorgan BetaBuilders Canada ETF in the first quarter worth approximately $662,000. Fifth Third Bancorp boosted its stake in shares of JPMorgan BetaBuilders Canada ETF by 17,882.7% in the 1st quarter. Fifth Third Bancorp now owns 17,623 shares of the company’s stock worth $1,658,000 after buying an additional 17,525 shares during the last quarter. Finally, Nolet Wealth Management LLC purchased a new position in JPMorgan BetaBuilders Canada ETF in the fourth quarter worth about $1,035,000.

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.