JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Share Price Breaks Above 200 Day Moving Average – Time to Sell?

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $102.97 and traded as high as $103.31. JPMorgan BetaBuilders MSCI US REIT ETF shares last traded at $103.12, with a volume of 26,339 shares trading hands.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

The company has a market capitalization of $1.00 billion, a P/E ratio of 34.86 and a beta of 1.02. The stock has a 50 day moving average price of $102.83 and a 200 day moving average price of $102.97.

Institutional Trading of JPMorgan BetaBuilders MSCI US REIT ETF

A number of large investors have recently added to or reduced their stakes in BBRE. Alaska Permanent Capital Management LLC boosted its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 2.7% in the first quarter. Alaska Permanent Capital Management LLC now owns 506,997 shares of the company’s stock valued at $48,525,000 after acquiring an additional 13,150 shares during the last quarter. Alaska Wealth Advisors LLC grew its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 3.6% during the 1st quarter. Alaska Wealth Advisors LLC now owns 286,209 shares of the company’s stock valued at $27,387,000 after acquiring an additional 10,075 shares during the period. Bleakley Financial Group LLC grew its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 802.1% during the 1st quarter. Bleakley Financial Group LLC now owns 282,087 shares of the company’s stock valued at $26,993,000 after acquiring an additional 250,816 shares during the period. Mason & Associates Inc purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth approximately $26,504,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth approximately $19,222,000.

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.

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