Truist Financial Corp Cuts Stock Holdings in JPMorgan BetaBuilders Canada ETF $BBCA

Truist Financial Corp reduced its stake in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 30.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,807 shares of the company’s stock after selling 6,097 shares during the quarter. Truist Financial Corp’s holdings in JPMorgan BetaBuilders Canada ETF were worth $1,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Wedbush Securities Inc. raised its position in shares of JPMorgan BetaBuilders Canada ETF by 4.5% during the 1st quarter. Wedbush Securities Inc. now owns 4,634 shares of the company’s stock valued at $332,000 after buying an additional 198 shares in the last quarter. Maia Wealth LLC increased its stake in JPMorgan BetaBuilders Canada ETF by 6.4% in the first quarter. Maia Wealth LLC now owns 4,017 shares of the company’s stock valued at $285,000 after acquiring an additional 243 shares during the last quarter. Golden State Wealth Management LLC bought a new position in JPMorgan BetaBuilders Canada ETF in the first quarter valued at $26,000. Wealth Enhancement Advisory Services LLC raised its position in JPMorgan BetaBuilders Canada ETF by 3.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 10,843 shares of the company’s stock valued at $776,000 after purchasing an additional 382 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in JPMorgan BetaBuilders Canada ETF during the second quarter worth about $32,000.

JPMorgan BetaBuilders Canada ETF Trading Up 22.5%

Shares of JPMorgan BetaBuilders Canada ETF stock opened at $86.02 on Monday. The firm has a market capitalization of $8.90 billion, a PE ratio of 19.87 and a beta of 0.95. The business’s 50-day moving average price is $85.11 and its 200-day moving average price is $79.76. JPMorgan BetaBuilders Canada ETF has a 12 month low of $62.71 and a 12 month high of $82.55.

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.