JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Shares Sold by Sapient Capital LLC

Sapient Capital LLC trimmed its position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 12.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,249 shares of the company’s stock after selling 1,538 shares during the period. Sapient Capital LLC’s holdings in JPMorgan BetaBuilders Canada ETF were worth $752,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its stake in JPMorgan BetaBuilders Canada ETF by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 77,447,980 shares of the company’s stock valued at $4,503,600,000 after acquiring an additional 2,010,391 shares during the period. Richard Bernstein Advisors LLC acquired a new position in JPMorgan BetaBuilders Canada ETF in the third quarter valued at approximately $37,606,000. Envestnet Asset Management Inc. boosted its stake in JPMorgan BetaBuilders Canada ETF by 115.0% in the third quarter. Envestnet Asset Management Inc. now owns 906,248 shares of the company’s stock valued at $52,698,000 after acquiring an additional 484,794 shares during the period. Victory Capital Management Inc. acquired a new position in JPMorgan BetaBuilders Canada ETF in the third quarter valued at approximately $18,617,000. Finally, International Assets Investment Management LLC acquired a new position in JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at approximately $6,796,000.

JPMorgan BetaBuilders Canada ETF Price Performance

BBCA stock traded down $1.33 during midday trading on Tuesday, reaching $64.34. The company had a trading volume of 311,382 shares. The stock’s fifty day moving average price is $65.56 and its 200 day moving average price is $62.77. The stock has a market cap of $6.86 billion, a price-to-earnings ratio of 14.29 and a beta of 1.02.

JPMorgan BetaBuilders Canada ETF Company 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.