JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Trading Up 3.8% – Time to Buy?

Shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) traded up 3.8% on Thursday . The company traded as high as $94.28 and last traded at $95.5790. 7,630 shares changed hands during trading, a decline of 75% from the average session volume of 29,958 shares. The stock had previously closed at $92.1040.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Up 3.8%

The company has a market capitalization of $929.98 million, a P/E ratio of 34.86 and a beta of 1.02. The company has a 50-day moving average of $93.78 and a two-hundred day moving average of $93.81.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. bought a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter worth about $93,000. Comerica Bank lifted its holdings in shares of 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 valued at $96,000 after purchasing an additional 156 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 3rd quarter worth approximately $115,000. 5T Wealth LLC bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter worth approximately $222,000. Finally, Osaic Holdings Inc. grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 66.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,438 shares of the company’s stock worth $225,000 after buying an additional 973 shares during the last quarter.

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.