JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Sees Large Increase in Short Interest

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 20,972 shares, a growth of 73.4% from the April 30th total of 12,093 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 109,529 shares, the days-to-cover ratio is presently 0.2 days.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

Shares of JPMorgan BetaBuilders MSCI US REIT ETF stock opened at $103.05 on Thursday. The company has a market cap of $1.00 billion, a P/E ratio of 34.86 and a beta of 1.02. JPMorgan BetaBuilders MSCI US REIT ETF has a one year low of $90.14 and a one year high of $106.86. The firm has a fifty day moving average of $101.89 and a two-hundred day moving average of $98.16.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 1.6% in the 4th quarter. JPMorgan Chase & Co. now owns 4,206,450 shares of the company’s stock valued at $389,475,000 after purchasing an additional 65,602 shares in the last quarter. University of Texas Texas AM Investment Management Co. raised its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 1.6% during the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 2,723,289 shares of the company’s stock worth $252,149,000 after buying an additional 43,729 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 2.2% in the 3rd quarter. HighTower Advisors LLC now owns 554,960 shares of the company’s stock valued at $52,988,000 after buying an additional 11,724 shares during the period. Alaska Permanent Capital Management LLC lifted its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 2.7% in the 1st quarter. Alaska Permanent Capital Management LLC now owns 506,997 shares of the company’s stock valued at $48,525,000 after buying an additional 13,150 shares during the period. Finally, Global Endowment Management LP boosted its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 32.9% in the fourth quarter. Global Endowment Management LP now owns 502,455 shares of the company’s stock valued at $46,522,000 after buying an additional 124,428 shares in 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.