Global Endowment Management LP Buys 124,428 Shares of JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

Global Endowment Management LP raised its stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 32.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 502,455 shares of the company’s stock after buying an additional 124,428 shares during the quarter. JPMorgan BetaBuilders MSCI US REIT ETF accounts for about 5.8% of Global Endowment Management LP’s portfolio, making the stock its 4th largest position. Global Endowment Management LP owned approximately 5.16% of JPMorgan BetaBuilders MSCI US REIT ETF worth $46,522,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC increased its holdings in shares of 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 worth $56,000 after acquiring an additional 144 shares in the last quarter. Comerica Bank increased its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 100.8% in the fourth quarter. Comerica Bank now owns 767 shares of the company’s stock worth $71,000 after acquiring an additional 385 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth about $93,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the third quarter worth about $115,000. Finally, Osaic Holdings Inc. increased its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 66.4% in the second quarter. Osaic Holdings Inc. now owns 2,438 shares of the company’s stock worth $225,000 after acquiring an additional 973 shares in the last quarter.

JPMorgan BetaBuilders MSCI US REIT ETF Price Performance

Shares of JPMorgan BetaBuilders MSCI US REIT ETF stock opened at $108.06 on Friday. JPMorgan BetaBuilders MSCI US REIT ETF has a 1 year low of $90.14 and a 1 year high of $108.33. The business has a 50-day moving average of $103.45 and a two-hundred day moving average of $98.76. The company has a market capitalization of $1.05 billion, a P/E ratio of 34.86 and a beta of 1.02.

JPMorgan BetaBuilders MSCI US REIT ETF 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.