JPMorgan Chase & Co. Buys 65,602 Shares of JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

JPMorgan Chase & Co. raised its holdings in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,206,450 shares of the company’s stock after buying an additional 65,602 shares during the quarter. JPMorgan Chase & Co. owned about 43.23% of JPMorgan BetaBuilders MSCI US REIT ETF worth $389,475,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. HighTower Advisors LLC grew its position in shares of 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 worth $52,988,000 after buying an additional 11,724 shares during the last quarter. Bank of America Corp DE grew its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 6.6% in the 3rd quarter. Bank of America Corp DE now owns 352,820 shares of the company’s stock worth $33,687,000 after buying an additional 21,827 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 5.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 117,730 shares of the company’s stock worth $10,901,000 after buying an additional 6,044 shares during the last quarter. Bleakley Financial Group LLC bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 4th quarter worth approximately $2,895,000. Finally, Goldman Sachs Group Inc. grew its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 112.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 28,924 shares of the company’s stock worth $2,719,000 after buying an additional 15,313 shares during the last quarter.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

Shares of BBRE stock opened at $107.09 on Thursday. The firm has a market cap of $1.04 billion, a P/E ratio of 34.86 and a beta of 1.02. JPMorgan BetaBuilders MSCI US REIT ETF has a fifty-two week low of $90.14 and a fifty-two week high of $107.91. The business’s 50 day moving average price is $102.99 and its 200-day moving average price is $98.60.

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.