JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Sets New 52-Week High – Here’s Why

JPMorgan BetaBuilders Canada ETF (BATS:BBCA)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $101.28 and last traded at $100.74, with a volume of 224239 shares. The stock had previously closed at $100.54.

JPMorgan BetaBuilders Canada ETF Stock Up 0.2%

The firm has a market cap of $10.42 billion, a P/E ratio of 19.87 and a beta of 0.95. The stock’s 50-day simple moving average is $97.42 and its 200 day simple moving average is $94.92.

Institutional Trading of JPMorgan BetaBuilders Canada ETF

A number of institutional investors have recently bought and sold shares of BBCA. Cerity Partners LLC boosted its position in JPMorgan BetaBuilders Canada ETF by 47.3% during the second quarter. Cerity Partners LLC now owns 7,948 shares of the company’s stock valued at $641,000 after acquiring an additional 2,554 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in JPMorgan BetaBuilders Canada ETF during the second quarter valued at $166,000. Quantinno Capital Management LP boosted its position in JPMorgan BetaBuilders Canada ETF by 183.6% during the second quarter. Quantinno Capital Management LP now owns 24,613 shares of the company’s stock valued at $1,986,000 after acquiring an additional 15,935 shares during the last quarter. Jane Street Group LLC bought a new stake in JPMorgan BetaBuilders Canada ETF during the second quarter valued at $785,000. Finally, Ameriprise Financial Inc. boosted its position in JPMorgan BetaBuilders Canada ETF by 8.3% during the second quarter. Ameriprise Financial Inc. now owns 184,617 shares of the company’s stock valued at $14,899,000 after acquiring an additional 14,167 shares during the last quarter.

About JPMorgan BetaBuilders Canada ETF

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.