MBA Advisors LLC Purchases New Stake in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

MBA Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) during the second quarter, Holdings Channel.com reports. 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 4.7% of MBA Advisors LLC’s holdings, making the stock its 3rd largest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BBRE. Aptus Capital Advisors LLC grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 31.3% during the 4th quarter. Aptus Capital Advisors LLC now owns 604 shares of the company’s stock worth $56,000 after purchasing an additional 144 shares during the period. Comerica Bank boosted its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 100.8% during the fourth quarter. Comerica Bank now owns 767 shares of the company’s stock worth $71,000 after buying an additional 385 shares in the last quarter. Fifth Third Bancorp grew its position in JPMorgan BetaBuilders MSCI US REIT ETF by 383.5% during the first 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. Raymond James Financial Inc. purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter valued at about $93,000. Finally, Triumph Capital Management acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter valued at approximately $113,000.

JPMorgan BetaBuilders MSCI US REIT ETF Price Performance

Shares of BATS:BBRE opened at $105.72 on Thursday. The firm has a market capitalization of $1.03 billion, a price-to-earnings 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. JPMorgan BetaBuilders MSCI US REIT ETF has a 12 month low of $91.82 and a 12 month high of $113.40.

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.