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

JPMorgan BetaBuilders Canada ETF (BATS:BBCA)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $102.33 and last traded at $101.96, with a volume of 25675 shares traded. The stock had previously closed at $101.25.

JPMorgan BetaBuilders Canada ETF Stock Performance

The company’s 50-day moving average price is $99.30 and its 200 day moving average price is $96.17. The stock has a market capitalization of $10.54 billion, a PE ratio of 19.87 and a beta of 0.95.

Institutional Investors Weigh In On JPMorgan BetaBuilders Canada ETF

Several institutional investors and hedge funds have recently modified their holdings of BBCA. Atlantic Union Bankshares Corp purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth about $31,000. Capital Investment Counsel Inc purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth about $32,000. Signaturefd LLC purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth about $32,000. Eastern Bank purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth about $39,000. Finally, Bayban purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth about $43,000.

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.