JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE – Get Free Report)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $110.60 and last traded at $110.60, with a volume of 811 shares traded. The stock had previously closed at $108.53.
JPMorgan BetaBuilders MSCI US REIT ETF Stock Up 2.2%
The firm has a market cap of $1.08 billion, a PE ratio of 34.86 and a beta of 1.02. The company has a 50-day simple moving average of $106.24 and a two-hundred day simple moving average of $101.03.
Hedge Funds Weigh In On JPMorgan BetaBuilders MSCI US REIT ETF
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Comerica Bank increased its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 18.0% during the first quarter. Comerica Bank now owns 1,024 shares of the company’s stock worth $96,000 after buying an additional 156 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 112.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 28,924 shares of the company’s stock worth $2,719,000 after purchasing an additional 15,313 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth approximately $93,000. Bank of America Corp DE raised its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 9.0% in the 2nd quarter. Bank of America Corp DE now owns 330,993 shares of the company’s stock worth $30,488,000 after purchasing an additional 27,277 shares during the period. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter worth approximately $712,000.
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.
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