Blue Trust Inc. Increases Position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

Blue Trust Inc. lifted its position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 129.1% in the third quarter, HoldingsChannel.com reports. The firm owned 504 shares of the company’s stock after purchasing an additional 284 shares during the quarter. Blue Trust Inc.’s holdings in JPMorgan BetaBuilders Canada ETF were worth $36,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sunpointe LLC increased its stake in shares of JPMorgan BetaBuilders Canada ETF by 64.3% in the third quarter. Sunpointe LLC now owns 10,791 shares of the company’s stock worth $780,000 after purchasing an additional 4,223 shares in the last quarter. Marquette Asset Management LLC purchased a new position in JPMorgan BetaBuilders Canada ETF during the third quarter valued at $36,000. Alpha Financial Partners LLC purchased a new position in JPMorgan BetaBuilders Canada ETF during the third quarter valued at $297,000. waypoint wealth counsel purchased a new position in JPMorgan BetaBuilders Canada ETF during the third quarter valued at $311,000. Finally, Sanctuary Advisors LLC purchased a new position in JPMorgan BetaBuilders Canada ETF during the second quarter valued at $899,000.

JPMorgan BetaBuilders Canada ETF Stock Up 0.2 %

BBCA opened at $70.97 on Friday. The stock has a market capitalization of $7.68 billion, a PE ratio of 14.66 and a beta of 0.93. The company’s fifty day moving average is $71.57 and its two-hundred day moving average is $68.05.

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.