HB Wealth Management LLC Invests $290,000 in JPMorgan BetaBuilders Canada ETF $BBCA

HB Wealth Management LLC acquired a new position in shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,597 shares of the company’s stock, valued at approximately $290,000.

A number of other large investors have also bought and sold shares of BBCA. Golden State Wealth Management LLC acquired a new stake in JPMorgan BetaBuilders Canada ETF in the first quarter worth $26,000. Fifth Third Bancorp acquired a new stake in JPMorgan BetaBuilders Canada ETF in the second quarter worth $32,000. LRI Investments LLC acquired a new stake in JPMorgan BetaBuilders Canada ETF in the first quarter worth $43,000. SSA Swiss Advisors AG acquired a new stake in JPMorgan BetaBuilders Canada ETF in the first quarter worth $56,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in JPMorgan BetaBuilders Canada ETF by 18.3% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,914 shares of the company’s stock worth $209,000 after purchasing an additional 450 shares during the period.

JPMorgan BetaBuilders Canada ETF Trading Up 26.0%

BATS:BBCA opened at $88.46 on Tuesday. The stock has a market capitalization of $9.15 billion, a price-to-earnings ratio of 19.87 and a beta of 0.95. The firm has a fifty day simple moving average of $84.58 and a two-hundred day simple moving average of $79.35. JPMorgan BetaBuilders Canada ETF has a 12 month low of $62.71 and a 12 month high of $82.55.

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.