Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA – Free Report) in the third quarter, Holdings Channel.com reports. The fund purchased 8,350 shares of the company’s stock, valued at approximately $838,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in JPMorgan BetaBuilders Canada ETF by 6.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 495,287 shares of the company’s stock valued at $49,232,000 after purchasing an additional 28,340 shares during the period. Spinnaker Trust lifted its position in shares of JPMorgan BetaBuilders Canada ETF by 1.3% in the 1st quarter. Spinnaker Trust now owns 130,077 shares of the company’s stock worth $12,235,000 after purchasing an additional 1,613 shares during the period. Royal Bank of Canada lifted its position in shares of JPMorgan BetaBuilders Canada ETF by 0.3% in the 1st quarter. Royal Bank of Canada now owns 103,697 shares of the company’s stock worth $9,753,000 after purchasing an additional 361 shares during the period. Rice Partnership LLC lifted its position in shares of JPMorgan BetaBuilders Canada ETF by 11.2% in the 1st quarter. Rice Partnership LLC now owns 82,196 shares of the company’s stock worth $7,731,000 after purchasing an additional 8,269 shares during the period. Finally, Blue Edge Capital LLC bought a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 2nd quarter valued at about $5,991,000.
JPMorgan BetaBuilders Canada ETF Stock Down 0.5%
Shares of BBCA traded down $0.50 during trading hours on Friday, reaching $104.54. 533,204 shares of the company traded hands, compared to its average volume of 327,268. JPMorgan BetaBuilders Canada ETF has a 12 month low of $84.87 and a 12 month high of $108.06. The company’s fifty day moving average price is $104.19 and its two-hundred day moving average price is $101.93. The company has a market capitalization of $10.81 billion, a price-to-earnings ratio of 19.87 and a beta of 0.95.
JPMorgan BetaBuilders Canada ETF 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.
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Want to see what other hedge funds are holding BBCA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan BetaBuilders Canada ETF (BATS:BBCA – Free Report).
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