Nolet Wealth Management LLC Invests $1.03 Million in JPMorgan BetaBuilders Canada ETF $BBCA

Nolet Wealth Management LLC purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,127 shares of the company’s stock, valued at approximately $1,035,000. JPMorgan BetaBuilders Canada ETF accounts for approximately 0.6% of Nolet Wealth Management LLC’s investment portfolio, making the stock its 28th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. RiverFront Investment Group LLC lifted its holdings in JPMorgan BetaBuilders Canada ETF by 4.0% in the fourth quarter. RiverFront Investment Group LLC now owns 414,610 shares of the company’s stock worth $38,559,000 after purchasing an additional 16,025 shares during the period. Strategic Investment Management LLC grew its position in JPMorgan BetaBuilders Canada ETF by 58.5% in the 4th quarter. Strategic Investment Management LLC now owns 356,550 shares of the company’s stock valued at $33,159,000 after buying an additional 131,610 shares in the last quarter. Elm Partners Management LLC increased its stake in JPMorgan BetaBuilders Canada ETF by 7.0% during the 4th quarter. Elm Partners Management LLC now owns 295,147 shares of the company’s stock valued at $27,449,000 after buying an additional 19,267 shares during the period. Ameriprise Financial Inc. increased its stake in JPMorgan BetaBuilders Canada ETF by 8.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 184,617 shares of the company’s stock valued at $14,899,000 after buying an additional 14,167 shares during the period. Finally, LPL Financial LLC raised its position in shares of JPMorgan BetaBuilders Canada ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 166,671 shares of the company’s stock worth $15,500,000 after buying an additional 8,143 shares in the last quarter.

JPMorgan BetaBuilders Canada ETF Trading Down 0.6%

Shares of BATS:BBCA opened at $100.06 on Friday. The company has a 50 day moving average of $99.78 and a 200-day moving average of $96.50. The firm has a market cap of $10.35 billion, a P/E ratio of 19.87 and a beta of 0.95. JPMorgan BetaBuilders Canada ETF has a twelve month low of $79.00 and a twelve month high of $102.63.

JPMorgan BetaBuilders Canada ETF 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.