JPMorgan Chase & Co. Has $395.37 Million Stake in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

JPMorgan Chase & Co. grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 1.8% in the third quarter, Holdings Channel reports. The institutional investor owned 4,140,848 shares of the company’s stock after purchasing an additional 74,483 shares during the period. JPMorgan Chase & Co. owned 0.43% of JPMorgan BetaBuilders MSCI US REIT ETF worth $395,368,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. HighTower Advisors LLC grew its position in JPMorgan BetaBuilders MSCI US REIT ETF by 2.2% during the third quarter. HighTower Advisors LLC now owns 554,960 shares of the company’s stock worth $52,988,000 after buying an additional 11,724 shares in the last quarter. Alaska Permanent Capital Management LLC lifted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 3.7% in the 3rd 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 period. Alaska Wealth Advisors grew its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 10.9% during the 3rd quarter. Alaska Wealth Advisors now owns 266,405 shares of the company’s stock worth $25,436,000 after purchasing an additional 26,264 shares in the last quarter. Osaic Holdings Inc. increased its position 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 valued at $225,000 after purchasing an additional 973 shares during the period. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter valued at approximately $712,000.

JPMorgan BetaBuilders MSCI US REIT ETF Price Performance

Shares of BBRE stock opened at $100.58 on Thursday. The stock has a market cap of $978.64 million, a P/E ratio of 34.86 and a beta of 1.02. JPMorgan BetaBuilders MSCI US REIT ETF has a one year low of $80.51 and a one year high of $102.12. The stock has a fifty day moving average price of $95.09 and a 200 day moving average price of $94.52.

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.