JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Sets New 12-Month High – What’s Next?

JPMorgan BetaBuilders Canada ETF (BATS:BBCA) hit a new 52-week high during trading on Wednesday . The company traded as high as $102.94 and last traded at $102.88, with a volume of 6828 shares traded. The stock had previously closed at $101.87.

JPMorgan BetaBuilders Canada ETF Stock Performance

The firm’s 50 day moving average is $100.47 and its 200-day moving average is $97.82. The stock has a market capitalization of $10.58 billion, a price-to-earnings ratio of 19.87 and a beta of 0.95.

Hedge Funds Weigh In On JPMorgan BetaBuilders Canada ETF

Hedge funds have recently made changes to their positions in the company. Atlantic Union Bankshares Corp purchased a new position in JPMorgan BetaBuilders Canada ETF in the 4th quarter worth approximately $31,000. Signaturefd LLC acquired a new stake in shares of JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at approximately $32,000. Capital Investment Counsel Inc purchased a new position in JPMorgan BetaBuilders Canada ETF during the fourth quarter worth approximately $32,000. Eastern Bank acquired a new position in JPMorgan BetaBuilders Canada ETF during the fourth quarter worth $39,000. Finally, Bayban purchased a new stake in JPMorgan BetaBuilders Canada ETF in the 4th quarter valued at $43,000.

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.