JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Sets New 52-Week High – Here’s Why

JPMorgan BetaBuilders Canada ETF (BATS:BBCA) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $101.28 and last traded at $100.74, with a volume of 224239 shares changing hands. The stock had previously closed at $100.54.

JPMorgan BetaBuilders Canada ETF Stock Up 0.2%

The firm has a market cap of $10.42 billion, a P/E ratio of 19.87 and a beta of 0.95. The stock’s 50-day simple moving average is $97.42 and its 200 day simple moving average is $94.92.

Hedge Funds Weigh In On JPMorgan BetaBuilders Canada ETF

Institutional investors have recently made changes to their positions in the stock. Atlantic Union Bankshares Corp acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at about $31,000. Capital Investment Counsel Inc acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at about $32,000. Signaturefd LLC acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at about $32,000. Eastern Bank acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at about $39,000. Finally, Bayban acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the fourth quarter valued at about $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.