JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Trading Down 0.3% – Time to Sell?

JPMorgan BetaBuilders Canada ETF (BATS:BBCA) shares dropped 0.3% on Thursday . The stock traded as low as $96.63 and last traded at $96.76. Approximately 276,912 shares traded hands during trading, a decline of 21% from the average daily volume of 351,023 shares. The stock had previously closed at $97.07.

JPMorgan BetaBuilders Canada ETF Trading Down 0.3%

The firm has a market cap of $10.01 billion, a PE ratio of 19.87 and a beta of 0.95. The firm’s 50 day simple moving average is $95.83 and its 200 day simple moving average is $92.17.

Institutional Investors Weigh In On JPMorgan BetaBuilders Canada ETF

A number of hedge funds have recently made changes to their positions in the company. Cerity Partners LLC boosted its stake in JPMorgan BetaBuilders Canada ETF by 47.3% during the second quarter. Cerity Partners LLC now owns 7,948 shares of the company’s stock valued at $641,000 after buying an additional 2,554 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in JPMorgan BetaBuilders Canada ETF in the 2nd quarter worth approximately $166,000. Quantinno Capital Management LP raised its holdings in shares of JPMorgan BetaBuilders Canada ETF by 183.6% during the 2nd quarter. Quantinno Capital Management LP now owns 24,613 shares of the company’s stock worth $1,986,000 after acquiring an additional 15,935 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 2nd quarter worth approximately $785,000. Finally, Ameriprise Financial Inc. boosted its position in shares of 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 acquiring an additional 14,167 shares during the last quarter.

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.