JPMorgan BetaBuilders MSCI US REIT ETF $BBRE is University of Texas Texas AM Investment Management Co.’s Largest Position

University of Texas Texas AM Investment Management Co. grew its holdings in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 4.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,584,286 shares of the company’s stock after buying an additional 105,550 shares during the quarter. JPMorgan BetaBuilders MSCI US REIT ETF accounts for 37.4% of University of Texas Texas AM Investment Management Co.’s investment portfolio, making the stock its largest position. University of Texas Texas AM Investment Management Co. owned about 26.56% of JPMorgan BetaBuilders MSCI US REIT ETF worth $238,039,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in BBRE. Alaska Wealth Advisors increased its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 5.3% in the first quarter. Alaska Wealth Advisors now owns 231,686 shares of the company’s stock valued at $21,781,000 after buying an additional 11,765 shares in the last quarter. Alaska Permanent Capital Management LLC increased its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 8.8% during the first quarter. Alaska Permanent Capital Management LLC now owns 475,983 shares of the company’s stock worth $44,780,000 after purchasing an additional 38,424 shares in the last quarter. Sigma Planning Corp increased its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 22.1% during the first quarter. Sigma Planning Corp now owns 2,911 shares of the company’s stock worth $274,000 after purchasing an additional 526 shares in the last quarter. Private Advisor Group LLC increased its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 34.9% during the first quarter. Private Advisor Group LLC now owns 8,697 shares of the company’s stock worth $818,000 after purchasing an additional 2,251 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 10.1% during the first quarter. LPL Financial LLC now owns 14,942 shares of the company’s stock worth $1,405,000 after purchasing an additional 1,371 shares in the last quarter.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

Shares of BBRE opened at $96.73 on Friday. JPMorgan BetaBuilders MSCI US REIT ETF has a one year low of $80.51 and a one year high of $103.37. The stock has a market capitalization of $941.13 million, a price-to-earnings ratio of 34.86 and a beta of 1.02. The stock has a 50 day moving average price of $94.78 and a 200 day moving average price of $92.94.

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.