JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Hits New 52-Week High – Time to Buy?

JPMorgan BetaBuilders Canada ETF (BATS:BBCA)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $98.87 and last traded at $96.7310, with a volume of 42614 shares traded. The stock had previously closed at $97.65.

JPMorgan BetaBuilders Canada ETF Stock Down 0.6%

The company has a 50-day simple moving average of $93.91 and a two-hundred day simple moving average of $88.67. The firm has a market cap of $10.04 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 added to or reduced their stakes in BBCA. Atlantic Union Bankshares Corp bought a new position in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter valued at $31,000. Capital Investment Counsel Inc purchased a new stake in JPMorgan BetaBuilders Canada ETF in the fourth quarter worth $32,000. Signaturefd LLC bought a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter valued at about $32,000. Eastern Bank purchased a new position in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter worth approximately $39,000. Finally, Activest Wealth Management purchased a new stake in JPMorgan BetaBuilders Canada ETF in the third quarter worth $42,000.

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.