JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Reaches New 1-Year High – Still a Buy?

Shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $102.96 and last traded at $102.88, with a volume of 26155 shares. The stock had previously closed at $102.53.

JPMorgan BetaBuilders Canada ETF Stock Up 0.7%

The firm has a market cap of $10.68 billion, a P/E ratio of 19.87 and a beta of 0.95. The business’s 50 day moving average is $100.71 and its 200-day moving average is $98.06.

Institutional Trading of JPMorgan BetaBuilders Canada ETF

Several institutional investors have recently added to or reduced their stakes in BBCA. Silphium Asset Management Ltd acquired a new position in JPMorgan BetaBuilders Canada ETF during the 4th quarter valued at approximately $3,990,000. Willis Johnson & Associates Inc. lifted its stake in JPMorgan BetaBuilders Canada ETF by 3.7% in the fourth quarter. Willis Johnson & Associates Inc. now owns 148,675 shares of the company’s stock valued at $13,827,000 after buying an additional 5,258 shares during the last quarter. Rice Partnership LLC bought a new stake in JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at $6,875,000. Fifth Third Bancorp boosted its holdings in shares of JPMorgan BetaBuilders Canada ETF by 17,882.7% during the first quarter. Fifth Third Bancorp now owns 17,623 shares of the company’s stock valued at $1,658,000 after acquiring an additional 17,525 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the first quarter valued at $662,000.

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.