Assetmark Inc. Decreases Stake in JPMorgan BetaBuilders Canada ETF $BBCA

Assetmark Inc. decreased its holdings in shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 6.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 473,166 shares of the company’s stock after selling 34,490 shares during the quarter. Assetmark Inc. owned approximately 0.46% of JPMorgan BetaBuilders Canada ETF worth $44,004,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC lifted its stake in JPMorgan BetaBuilders Canada ETF by 24.2% during the third quarter. CIBC Private Wealth Group LLC now owns 811 shares of the company’s stock worth $71,000 after purchasing an additional 158 shares during the last quarter. PNC Financial Services Group Inc. increased its position in JPMorgan BetaBuilders Canada ETF by 3.8% during the third quarter. PNC Financial Services Group Inc. now owns 4,513 shares of the company’s stock worth $394,000 after buying an additional 166 shares during the period. OneDigital Investment Advisors LLC increased its position in JPMorgan BetaBuilders Canada ETF by 2.7% during the third quarter. OneDigital Investment Advisors LLC now owns 6,677 shares of the company’s stock worth $582,000 after buying an additional 178 shares during the period. Brown Brothers Harriman & Co. increased its position in JPMorgan BetaBuilders Canada ETF by 3.2% during the third quarter. Brown Brothers Harriman & Co. now owns 5,872 shares of the company’s stock worth $512,000 after buying an additional 184 shares during the period. Finally, AE Wealth Management LLC increased its position in JPMorgan BetaBuilders Canada ETF by 101.1% during the third quarter. AE Wealth Management LLC now owns 571 shares of the company’s stock worth $50,000 after buying an additional 287 shares during the period.

JPMorgan BetaBuilders Canada ETF Stock Up 0.7%

BBCA opened at $98.85 on Wednesday. The firm has a market cap of $10.23 billion, a price-to-earnings ratio of 19.87 and a beta of 0.95. JPMorgan BetaBuilders Canada ETF has a 52 week low of $70.94 and a 52 week high of $100.03. The business’s 50 day moving average is $96.08 and its two-hundred day moving average is $92.48.

JPMorgan BetaBuilders Canada ETF 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.