JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Sees Significant Decline in Short Interest

JPMorgan BetaBuilders Canada ETF (BATS:BBCA) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 209,480 shares, a decline of 36.9% from the July 30th total of 331,905 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 231,483 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On JPMorgan BetaBuilders Canada ETF

Several institutional investors have recently bought and sold shares of the stock. Alaska Permanent Capital Management LLC grew its position in JPMorgan BetaBuilders Canada ETF by 0.6% in the 1st quarter. Alaska Permanent Capital Management LLC now owns 18,396 shares of the company’s stock worth $1,730,000 after purchasing an additional 112 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of JPMorgan BetaBuilders Canada ETF by 2.2% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,146 shares of the company’s stock worth $479,000 after buying an additional 113 shares during the last quarter. Simon Quick Advisors LLC boosted its stake in shares of JPMorgan BetaBuilders Canada ETF by 5.1% in the 1st quarter. Simon Quick Advisors LLC now owns 2,474 shares of the company’s stock worth $233,000 after buying an additional 119 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of JPMorgan BetaBuilders Canada ETF by 24.2% in the third quarter. CIBC Private Wealth Group LLC now owns 811 shares of the company’s stock valued at $71,000 after acquiring an additional 158 shares in the last quarter. Finally, Brown Brothers Harriman & Co. grew its holdings 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 valued at $512,000 after acquiring an additional 184 shares in the last quarter.

JPMorgan BetaBuilders Canada ETF Stock Performance

Shares of BBCA opened at $104.45 on Wednesday. The firm has a market capitalization of $10.81 billion, a P/E ratio of 19.87 and a beta of 0.95. JPMorgan BetaBuilders Canada ETF has a 52 week low of $83.92 and a 52 week high of $108.06. The stock has a 50 day moving average price of $103.36 and a two-hundred day moving average price of $99.98.

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.