JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Trading 0.8% Higher – Here’s What Happened

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)’s share price was up 0.8% on Thursday . The stock traded as high as $93.98 and last traded at $93.98. Approximately 5,648 shares traded hands during mid-day trading, The stock had previously closed at $93.27.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Up 0.8 %

The stock has a market cap of $862.75 million, a price-to-earnings ratio of 26.26 and a beta of 1.00. The company’s fifty day moving average is $98.79 and its two-hundred day moving average is $96.03.

Hedge Funds Weigh In On JPMorgan BetaBuilders MSCI US REIT ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 3.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,124 shares of the company’s stock worth $5,801,000 after purchasing an additional 2,453 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth approximately $240,000. Rockland Trust Co. purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the 3rd quarter worth approximately $222,000. Angeles Wealth Management LLC lifted its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 79.0% during the 3rd quarter. Angeles Wealth Management LLC now owns 2,469 shares of the company’s stock worth $249,000 after buying an additional 1,090 shares in the last quarter. Finally, Sigma Planning Corp purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the 3rd quarter valued at approximately $210,000.

About JPMorgan BetaBuilders MSCI US REIT ETF

The JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) is an exchange-traded fund that is based on the MSCI US REIT Custom Capped index, a market-cap-weighted index of small-, mid-, and large-cap companies involved in the ownership or management of US real estate. BBRE was launched on Jun 15, 2018 and is managed by JPMorgan Chase.