MBA Advisors LLC Makes New $14.33 Million Investment in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

MBA Advisors LLC acquired a new stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 133,585 shares of the company’s stock, valued at approximately $14,330,000. JPMorgan BetaBuilders MSCI US REIT ETF comprises about 4.7% of MBA Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. MBA Advisors LLC owned 1.37% of JPMorgan BetaBuilders MSCI US REIT ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Aptus Capital Advisors LLC increased its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 31.3% in the fourth quarter. Aptus Capital Advisors LLC now owns 604 shares of the company’s stock valued at $56,000 after buying an additional 144 shares during the last quarter. Comerica Bank raised its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 100.8% in the fourth quarter. Comerica Bank now owns 767 shares of the company’s stock valued at $71,000 after buying an additional 385 shares in the last quarter. Fifth Third Bancorp lifted its holdings in 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 last quarter. Raymond James Financial Inc. purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth about $93,000. Finally, Triumph Capital Management acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth about $113,000.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

BBRE opened at $105.72 on Thursday. JPMorgan BetaBuilders MSCI US REIT ETF has a one year low of $91.82 and a one year high of $113.40. The company has a market cap of $1.03 billion, a P/E ratio of 34.86 and a beta of 1.02. The business’s 50-day simple moving average is $108.96 and its 200-day simple moving average is $104.53.

About JPMorgan BetaBuilders MSCI US REIT ETF

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.