Bank of Montreal Can Lowers Position in JPMorgan BetaBuilders Canada ETF $BBCA

Bank of Montreal Can decreased its holdings in shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 5.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,811 shares of the company’s stock after selling 1,343 shares during the quarter. Bank of Montreal Can’s holdings in JPMorgan BetaBuilders Canada ETF were worth $1,922,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in JPMorgan BetaBuilders Canada ETF by 4.1% in the first quarter. JPMorgan Chase & Co. now owns 76,406,547 shares of the company’s stock valued at $5,467,653,000 after purchasing an additional 3,009,318 shares in the last quarter. Municipal Employees Retirement System of Michigan purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 2nd quarter valued at $75,903,000. Jones Financial Companies Lllp bought a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 1st quarter worth $47,839,000. Raymond James Financial Inc. grew its position in JPMorgan BetaBuilders Canada ETF by 95.8% in the first quarter. Raymond James Financial Inc. now owns 498,633 shares of the company’s stock worth $35,682,000 after acquiring an additional 244,001 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in JPMorgan BetaBuilders Canada ETF by 12.9% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 486,115 shares of the company’s stock valued at $39,229,000 after acquiring an additional 55,438 shares during the last quarter.

JPMorgan BetaBuilders Canada ETF Stock Up 24.2%

BATS BBCA opened at $87.21 on Friday. The stock’s 50-day simple moving average is $86.95 and its two-hundred day simple moving average is $82.43. JPMorgan BetaBuilders Canada ETF has a twelve month low of $62.71 and a twelve month high of $82.55. The company has a market capitalization of $9.02 billion, a price-to-earnings ratio of 19.87 and a beta of 0.95.

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.