JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Sets New 52-Week High – Here’s What Happened

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)’s stock price hit a new 52-week high on Friday . The stock traded as high as $105.63 and last traded at $105.63, with a volume of 268 shares traded. The stock had previously closed at $105.23.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Down 0.2%

The company has a market cap of $1.03 billion, a price-to-earnings ratio of 34.86 and a beta of 1.02. The company has a fifty day moving average price of $100.71 and a two-hundred day moving average price of $97.51.

Hedge Funds Weigh In On JPMorgan BetaBuilders MSCI US REIT ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Bleakley Financial Group LLC lifted 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 worth $26,993,000 after buying an additional 250,816 shares during the period. Fifth Third Bancorp lifted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 383.5% during the 1st quarter. Fifth Third Bancorp now owns 967 shares of the company’s stock worth $93,000 after buying an additional 767 shares during the period. Alaska Wealth Advisors LLC lifted 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 worth $27,387,000 after buying an additional 10,075 shares during the period. Alaska Permanent Capital Management LLC lifted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 2.7% during the 1st quarter. Alaska Permanent Capital Management LLC now owns 506,997 shares of the company’s stock worth $48,525,000 after buying an additional 13,150 shares during the period. Finally, Compound Planning Inc. lifted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 16.1% during the 4th quarter. Compound Planning Inc. now owns 4,294 shares of the company’s stock worth $398,000 after buying an additional 596 shares during the period.

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.