JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Reaches New 1-Year High – Time to Buy?

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBREGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $108.56 and last traded at $108.36, with a volume of 1908 shares changing hands. The stock had previously closed at $108.06.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Down 0.2%

The stock has a 50 day simple moving average of $103.45 and a 200 day simple moving average of $98.79. The firm has a market capitalization of $1.05 billion, a PE ratio of 34.86 and a beta of 1.02.

Hedge Funds Weigh In On JPMorgan BetaBuilders MSCI US REIT ETF

Large investors have recently bought and sold shares of the stock. 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. Flow Traders U.S. LLC bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 3rd quarter worth approximately $2,454,000. 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. Global Endowment Management LP grew its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 32.9% in the 4th quarter. Global Endowment Management LP now owns 502,455 shares of the company’s stock worth $46,522,000 after buying an additional 124,428 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 1.6% in the 4th quarter. JPMorgan Chase & Co. now owns 4,206,450 shares of the company’s stock worth $389,475,000 after buying an additional 65,602 shares during the last quarter.

About JPMorgan BetaBuilders MSCI US REIT ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for JPMorgan BetaBuilders MSCI US REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan BetaBuilders MSCI US REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.