JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Trading 3.8% Higher – What’s Next?

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)’s stock price was up 3.8% during mid-day trading on Thursday . The stock traded as high as $94.28 and last traded at $95.5790. Approximately 7,630 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 29,958 shares. The stock had previously closed at $92.1040.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Up 3.8%

The business’s fifty day moving average is $93.78 and its 200-day moving average is $93.81. The company has a market cap of $929.98 million, a PE ratio of 34.86 and a beta of 1.02.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter valued at $93,000. Comerica Bank raised its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 18.0% during the first quarter. Comerica Bank now owns 1,024 shares of the company’s stock valued at $96,000 after acquiring an additional 156 shares during the period. KERR FINANCIAL PLANNING Corp purchased a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the third quarter valued at about $115,000. 5T Wealth LLC bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth about $222,000. Finally, Osaic Holdings Inc. grew its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 66.4% during the second quarter. Osaic Holdings Inc. now owns 2,438 shares of the company’s stock worth $225,000 after purchasing an additional 973 shares in the last quarter.

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.