JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Reaches New 12-Month High – Still a Buy?

Shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) hit a new 52-week high on Monday . The stock traded as high as $107.79 and last traded at $107.75, with a volume of 19704 shares. The stock had previously closed at $107.33.

JPMorgan BetaBuilders Canada ETF Stock Up 0.2%

The firm has a market cap of $11.13 billion, a P/E ratio of 19.87 and a beta of 0.95. The business has a fifty day simple moving average of $101.86 and a 200-day simple moving average of $99.05.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of BBCA. Atlantic Union Bankshares Corp purchased a new stake in JPMorgan BetaBuilders Canada ETF in the fourth quarter worth about $31,000. Compass Financial Management LLC purchased a new position in shares of JPMorgan BetaBuilders Canada ETF during the second quarter valued at approximately $36,000. Bayban purchased a new position in shares of JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at approximately $43,000. International Assets Investment Management LLC bought a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth approximately $47,000. Finally, Advisory Services Network LLC bought a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 3rd quarter worth approximately $48,000.

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.