Avidian Wealth Solutions LLC Sells 3,816 Shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

Avidian Wealth Solutions LLC trimmed its position in shares of JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 165,772 shares of the company’s stock after selling 3,816 shares during the period. Avidian Wealth Solutions LLC owned about 0.17% of JPMorgan BetaBuilders Canada ETF worth $10,629,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its position in JPMorgan BetaBuilders Canada ETF by 2.7% during the 3rd 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 in the last quarter. Richard Bernstein Advisors LLC bought a new stake in shares of JPMorgan BetaBuilders Canada ETF during the 3rd quarter valued at $37,606,000. Envestnet Asset Management Inc. grew its position in shares of 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 worth $52,698,000 after buying an additional 484,794 shares during the period. Victory Capital Management Inc. bought a new position in shares of JPMorgan BetaBuilders Canada ETF in the 3rd quarter worth about $18,617,000. Finally, International Assets Investment Management LLC purchased a new position in JPMorgan BetaBuilders Canada ETF during the 4th quarter valued at about $6,796,000.

JPMorgan BetaBuilders Canada ETF Stock Performance

Shares of BBCA stock traded up $0.39 during trading hours on Friday, hitting $65.44. 257,219 shares of the company’s stock traded hands. The firm has a market cap of $7.08 billion, a PE ratio of 14.66 and a beta of 0.93. The stock has a 50-day moving average price of $65.59 and a two-hundred day moving average price of $62.84.

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.