JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Sets New 52-Week High – Still a Buy?

JPMorgan BetaBuilders Canada ETF (BATS:BBCA)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $102.69 and last traded at $102.69, with a volume of 76788 shares traded. The stock had previously closed at $102.11.

JPMorgan BetaBuilders Canada ETF Trading Down 0.1%

The firm has a market cap of $10.60 billion, a PE ratio of 19.87 and a beta of 0.95. The firm’s 50 day simple moving average is $100.34 and its 200 day simple moving average is $97.64.

Institutional Trading of JPMorgan BetaBuilders Canada ETF

A number of large investors have recently added to or reduced their stakes in the company. Strategic Investment Management LLC boosted its position in shares of JPMorgan BetaBuilders Canada ETF by 58.5% during the 4th quarter. Strategic Investment Management LLC now owns 356,550 shares of the company’s stock valued at $33,159,000 after acquiring an additional 131,610 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new stake in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at $10,499,000. Rice Partnership LLC bought a new position in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at $6,875,000. Silphium Asset Management Ltd bought a new position in JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at $3,990,000. Finally, Marex Group plc purchased a new position in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter worth $3,990,000.

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.