Municipal Employees Retirement System of Michigan Sells 31,102 Shares of JPMorgan BetaBuilders Canada ETF $BBCA

Municipal Employees Retirement System of Michigan decreased its position in shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 3.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 909,454 shares of the company’s stock after selling 31,102 shares during the quarter. JPMorgan BetaBuilders Canada ETF makes up approximately 1.0% of Municipal Employees Retirement System of Michigan’s portfolio, making the stock its 19th largest position. Municipal Employees Retirement System of Michigan’s holdings in JPMorgan BetaBuilders Canada ETF were worth $84,579,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC increased its position in JPMorgan BetaBuilders Canada ETF by 24.2% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 811 shares of the company’s stock worth $71,000 after buying an additional 158 shares during the period. PNC Financial Services Group Inc. increased its position in shares of JPMorgan BetaBuilders Canada ETF by 3.8% in the third quarter. PNC Financial Services Group Inc. now owns 4,513 shares of the company’s stock worth $394,000 after purchasing an additional 166 shares during the period. OneDigital Investment Advisors LLC increased its position in shares of JPMorgan BetaBuilders Canada ETF by 2.7% in the third quarter. OneDigital Investment Advisors LLC now owns 6,677 shares of the company’s stock worth $582,000 after purchasing an additional 178 shares during the period. Brown Brothers Harriman & Co. increased its position in shares of JPMorgan BetaBuilders Canada ETF by 3.2% in the third quarter. Brown Brothers Harriman & Co. now owns 5,872 shares of the company’s stock worth $512,000 after purchasing an additional 184 shares during the period. Finally, Farther Finance Advisors LLC increased its position in shares of JPMorgan BetaBuilders Canada ETF by 44.7% in the fourth quarter. Farther Finance Advisors LLC now owns 706 shares of the company’s stock worth $66,000 after purchasing an additional 218 shares during the period.

JPMorgan BetaBuilders Canada ETF Stock Performance

Shares of BATS BBCA opened at $100.54 on Friday. JPMorgan BetaBuilders Canada ETF has a 52 week low of $76.83 and a 52 week high of $100.97. The stock has a market capitalization of $10.40 billion, a P/E ratio of 19.87 and a beta of 0.95. The stock’s fifty day moving average is $97.21 and its 200 day moving average is $94.66.

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.