Sapient Capital LLC Sells 1,538 Shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

Sapient Capital LLC decreased its stake in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 12.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in JPMorgan BetaBuilders Canada ETF by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 77,447,980 shares of the company’s stock valued at $4,503,600,000 after purchasing an additional 2,010,391 shares during the last quarter. Envestnet Asset Management Inc. increased its position in JPMorgan BetaBuilders Canada ETF by 115.0% in the 3rd 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. Assetmark Inc. increased its position in JPMorgan BetaBuilders Canada ETF by 0.9% in the 3rd quarter. Assetmark Inc. now owns 739,466 shares of the company’s stock valued at $43,000,000 after acquiring an additional 6,506 shares during the period. Richard Bernstein Advisors LLC acquired a new position in JPMorgan BetaBuilders Canada ETF in the 3rd quarter valued at approximately $37,606,000. Finally, HighTower Advisors LLC increased its position in JPMorgan BetaBuilders Canada ETF by 3.3% in the 3rd quarter. HighTower Advisors LLC now owns 529,178 shares of the company’s stock valued at $30,783,000 after acquiring an additional 17,135 shares during the period.

JPMorgan BetaBuilders Canada ETF Stock Performance

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

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.