International Assets Investment Management LLC Takes Position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

International Assets Investment Management LLC bought a new position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 105,990 shares of the company’s stock, valued at approximately $6,796,000. International Assets Investment Management LLC owned about 0.11% of JPMorgan BetaBuilders Canada ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BBCA. JPMorgan Chase & Co. boosted its stake in JPMorgan BetaBuilders Canada ETF by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 77,447,980 shares of the company’s stock worth $4,503,600,000 after purchasing an additional 2,010,391 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan BetaBuilders Canada ETF by 115.0% in the third quarter. Envestnet Asset Management Inc. now owns 906,248 shares of the company’s stock worth $52,698,000 after buying an additional 484,794 shares during the period. Assetmark Inc. grew its holdings in shares of JPMorgan BetaBuilders Canada ETF by 0.9% during the third quarter. Assetmark Inc. now owns 739,466 shares of the company’s stock valued at $43,000,000 after buying an additional 6,506 shares in the last quarter. Richard Bernstein Advisors LLC acquired a new position in JPMorgan BetaBuilders Canada ETF during the third quarter valued at $37,606,000. Finally, HighTower Advisors LLC raised its position in JPMorgan BetaBuilders Canada ETF by 3.3% during the third quarter. HighTower Advisors LLC now owns 529,178 shares of the company’s stock valued at $30,783,000 after buying an additional 17,135 shares during the period.

JPMorgan BetaBuilders Canada ETF Price Performance

Shares of BATS BBCA opened at $66.25 on Wednesday. The firm has a market cap of $7.17 billion, a price-to-earnings ratio of 14.66 and a beta of 0.93. The business’s 50 day simple moving average is $65.67 and its 200-day simple moving average is $63.04.

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.