JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Sets New 1-Year High – Time to Buy?

JPMorgan BetaBuilders Canada ETF (BATS:BBCA)’s share price hit a new 52-week high during trading on Wednesday . The company 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 Up 0.6%

The company has a market capitalization of $10.63 billion, a PE ratio of 19.87 and a beta of 0.95. The company has a fifty day simple moving average of $100.22 and a 200-day simple moving average of $97.53.

Institutional Investors Weigh In On JPMorgan BetaBuilders Canada ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Atlantic Union Bankshares Corp purchased a new position in JPMorgan BetaBuilders Canada ETF during the fourth quarter worth about $31,000. Capital Investment Counsel Inc purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter valued at approximately $32,000. Signaturefd LLC acquired a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter worth approximately $32,000. Eastern Bank acquired a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter worth approximately $39,000. Finally, Bayban purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter valued at approximately $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.