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 stock traded as high as $102.33 and last traded at $101.96, with a volume of 25675 shares. The stock had previously closed at $101.25.

JPMorgan BetaBuilders Canada ETF Trading Up 0.7%

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

Hedge Funds Weigh In On JPMorgan BetaBuilders Canada ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Atlantic Union Bankshares Corp purchased a new stake in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at approximately $31,000. Capital Investment Counsel Inc purchased a new stake in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at approximately $32,000. Signaturefd LLC purchased a new stake in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at approximately $32,000. Eastern Bank purchased a new stake in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at approximately $39,000. Finally, Bayban purchased a new stake in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at approximately $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.