Richardson Financial Services Inc. Invests $494,000 in JPMorgan BetaBuilders Canada ETF (BATS:BBCA)

Richardson Financial Services Inc. bought a new position in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,712 shares of the company’s stock, valued at approximately $494,000.

Other large investors also recently bought and sold shares of the company. Cullen Frost Bankers Inc. lifted its stake in JPMorgan BetaBuilders Canada ETF by 43,100.0% in the fourth quarter. Cullen Frost Bankers Inc. now owns 432 shares of the company’s stock worth $28,000 after acquiring an additional 431 shares during the period. Webster Bank N. A. acquired a new position in JPMorgan BetaBuilders Canada ETF in the 4th quarter worth approximately $33,000. Principal Securities Inc. acquired a new position in JPMorgan BetaBuilders Canada ETF in the 4th quarter worth approximately $36,000. Wetzel Investment Advisors Inc. acquired a new position in JPMorgan BetaBuilders Canada ETF in the 4th quarter worth approximately $60,000. Finally, Heritage Wealth Advisors acquired a new position in JPMorgan BetaBuilders Canada ETF in the 4th quarter worth approximately $73,000.

JPMorgan BetaBuilders Canada ETF Stock Performance

Shares of BATS:BBCA traded down $0.08 during midday trading on Friday, reaching $64.39. 122,970 shares of the company’s stock traded hands. The stock has a market cap of $6.97 billion, a P/E ratio of 14.66 and a beta of 0.93. The company has a 50-day simple moving average of $65.76 and a two-hundred day simple moving average of $64.61.

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.