Orion Porfolio Solutions LLC Buys New Holdings in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

Orion Porfolio Solutions LLC purchased a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 7,732 shares of the company’s stock, valued at approximately $712,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter valued at approximately $93,000. Comerica Bank increased its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 18.0% during the 1st quarter. Comerica Bank now owns 1,024 shares of the company’s stock valued at $96,000 after purchasing an additional 156 shares in the last quarter. 5T Wealth LLC bought a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter valued at $222,000. Newbridge Financial Services Group Inc. acquired a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter worth $346,000. Finally, Mutual Advisors LLC bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter valued at $691,000.

JPMorgan BetaBuilders MSCI US REIT ETF Price Performance

Shares of BATS BBRE opened at $92.86 on Thursday. The company has a 50-day moving average price of $94.27 and a 200-day moving average price of $93.79. The stock has a market capitalization of $903.48 million, a P/E ratio of 34.86 and a beta of 1.02. JPMorgan BetaBuilders MSCI US REIT ETF has a 1 year low of $80.51 and a 1 year high of $103.37.

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.