JPMorgan Chase & Co. Sells 9,725,107 Shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

JPMorgan Chase & Co. reduced its position in shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 11.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 71,949,829 shares of the company’s stock after selling 9,725,107 shares during the quarter. JPMorgan Chase & Co. owned 0.66% of JPMorgan BetaBuilders Canada ETF worth $5,201,253,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its position in JPMorgan BetaBuilders Canada ETF by 13.2% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 473,419 shares of the company’s stock worth $34,176,000 after acquiring an additional 55,329 shares during the period. RiverFront Investment Group LLC lifted its stake in JPMorgan BetaBuilders Canada ETF by 9.0% in the 2nd quarter. RiverFront Investment Group LLC now owns 468,547 shares of the company’s stock worth $30,442,000 after purchasing an additional 38,787 shares in the last quarter. Elm Partners Management LLC lifted its position in shares of JPMorgan BetaBuilders Canada ETF by 60.2% in the third quarter. Elm Partners Management LLC now owns 467,618 shares of the company’s stock worth $33,804,000 after buying an additional 175,656 shares in the last quarter. Victory Capital Management Inc. purchased a new position in shares of JPMorgan BetaBuilders Canada ETF in the third quarter valued at $26,837,000. Finally, Willis Johnson & Associates Inc. lifted its position in JPMorgan BetaBuilders Canada ETF by 7.7% during the second quarter. Willis Johnson & Associates Inc. now owns 122,864 shares of the company’s stock valued at $7,982,000 after purchasing an additional 8,811 shares during the last quarter.

JPMorgan BetaBuilders Canada ETF Stock Up 0.1 %

BBCA stock traded up $0.07 during midday trading on Thursday, reaching $70.75. 86,529 shares of the company traded hands. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of 14.66 and a beta of 0.93. The stock’s 50-day simple moving average is $73.13 and its 200 day simple moving average is $70.08.

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.