Mercer Global Advisors Inc. ADV Has $291,000 Stock Position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

Mercer Global Advisors Inc. ADV cut its holdings in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) by 12.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,129 shares of the company’s stock after selling 602 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in JPMorgan BetaBuilders Canada ETF were worth $291,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Comerica Bank raised its holdings in shares of JPMorgan BetaBuilders Canada ETF by 2.8% in the fourth quarter. Comerica Bank now owns 23,421 shares of the company’s stock valued at $1,653,000 after purchasing an additional 646 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new position in JPMorgan BetaBuilders Canada ETF during the fourth quarter worth $418,000. Evercore Wealth Management LLC acquired a new position in shares of JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at about $246,000. Syon Capital LLC grew its stake in shares of JPMorgan BetaBuilders Canada ETF by 2.3% in the fourth quarter. Syon Capital LLC now owns 14,390 shares of the company’s stock valued at $1,016,000 after acquiring an additional 319 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in shares of JPMorgan BetaBuilders Canada ETF by 34.8% in the fourth quarter. Stifel Financial Corp now owns 45,771 shares of the company’s stock valued at $3,231,000 after acquiring an additional 11,808 shares in the last quarter.

JPMorgan BetaBuilders Canada ETF Stock Up 9.2%

Shares of JPMorgan BetaBuilders Canada ETF stock opened at $76.70 on Friday. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 20.74 and a beta of 0.95. JPMorgan BetaBuilders Canada ETF has a 12-month low of $62.71 and a 12-month high of $76.82. The firm’s 50-day moving average price is $72.10 and its two-hundred day moving average price is $72.42.

About JPMorgan BetaBuilders Canada ETF

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.