JPMorgan BetaBuilders MSCI US REIT ETF $BBRE Position Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 1.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,140,848 shares of the company’s stock after purchasing an additional 74,483 shares during the quarter. JPMorgan Chase & Co. owned 42.56% of JPMorgan BetaBuilders MSCI US REIT ETF worth $395,368,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in BBRE. HighTower Advisors LLC increased its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 2.2% in the 3rd quarter. HighTower Advisors LLC now owns 554,960 shares of the company’s stock valued at $52,988,000 after buying an additional 11,724 shares during the period. Alaska Permanent Capital Management LLC increased its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 3.7% in the third quarter. Alaska Permanent Capital Management LLC now owns 508,892 shares of the company’s stock worth $48,599,000 after acquiring an additional 17,959 shares during the last quarter. Alaska Wealth Advisors increased its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 10.9% in the third quarter. Alaska Wealth Advisors now owns 266,405 shares of the company’s stock worth $25,436,000 after acquiring an additional 26,264 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 66.4% during the second quarter. Osaic Holdings Inc. now owns 2,438 shares of the company’s stock worth $225,000 after acquiring an additional 973 shares in the last quarter. Finally, Orion Porfolio Solutions LLC acquired a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter valued at $712,000.

JPMorgan BetaBuilders MSCI US REIT ETF Price Performance

Shares of BATS BBRE opened at $100.58 on Thursday. JPMorgan BetaBuilders MSCI US REIT ETF has a one year low of $80.51 and a one year high of $102.12. The business’s 50-day moving average price is $95.09 and its two-hundred day moving average price is $94.52. The company has a market capitalization of $978.64 million, a P/E ratio of 34.86 and a beta of 1.02.

JPMorgan BetaBuilders MSCI US REIT ETF Company Profile

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.