Family Firm Inc. Takes Position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

Family Firm Inc. purchased a new position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 432 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sunpointe LLC grew its stake in JPMorgan BetaBuilders Canada ETF by 11.7% in the second quarter. Sunpointe LLC now owns 6,568 shares of the company’s stock worth $427,000 after purchasing an additional 687 shares during the period. Raymond James & Associates grew its stake in JPMorgan BetaBuilders Canada ETF by 2.7% in the second quarter. Raymond James & Associates now owns 247,621 shares of the company’s stock worth $16,088,000 after purchasing an additional 6,463 shares during the period. Maia Wealth LLC purchased a new stake in JPMorgan BetaBuilders Canada ETF in the second quarter worth $215,000. Cetera Advisors LLC grew its stake in JPMorgan BetaBuilders Canada ETF by 163.5% in the first quarter. Cetera Advisors LLC now owns 18,502 shares of the company’s stock worth $1,236,000 after purchasing an additional 11,481 shares during the period. Finally, Cetera Investment Advisers grew its stake in JPMorgan BetaBuilders Canada ETF by 23.1% in the first quarter. Cetera Investment Advisers now owns 122,751 shares of the company’s stock worth $8,201,000 after purchasing an additional 23,057 shares during the period.

JPMorgan BetaBuilders Canada ETF Stock Performance

Shares of BBCA stock opened at $70.44 on Friday. The stock has a market capitalization of $7.63 billion, a PE ratio of 14.66 and a beta of 0.93. The business has a fifty day moving average price of $66.55 and a two-hundred day moving average price of $65.88.

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.