Northwestern Mutual Wealth Management Co. Has $10.90 Million Stock Holdings in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

Northwestern Mutual Wealth Management Co. boosted its stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 5.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 117,730 shares of the company’s stock after purchasing an additional 6,044 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 1.21% of JPMorgan BetaBuilders MSCI US REIT ETF worth $10,901,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Comerica Bank grew its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 100.8% in the fourth quarter. Comerica Bank now owns 767 shares of the company’s stock valued at $71,000 after acquiring an additional 385 shares during the period. Raymond James Financial Inc. acquired a new stake in JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter valued at approximately $93,000. KERR FINANCIAL PLANNING Corp acquired a new stake in JPMorgan BetaBuilders MSCI US REIT ETF in the third quarter valued at approximately $115,000. Osaic Holdings Inc. grew its stake in 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 valued at $225,000 after acquiring an additional 973 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 450.8% in the fourth quarter. Farther Finance Advisors LLC now owns 2,561 shares of the company’s stock valued at $237,000 after acquiring an additional 2,096 shares during the period.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

Shares of JPMorgan BetaBuilders MSCI US REIT ETF stock opened at $102.39 on Tuesday. JPMorgan BetaBuilders MSCI US REIT ETF has a 52 week low of $90.14 and a 52 week high of $106.86. The stock has a 50 day moving average price of $101.58 and a two-hundred day moving average price of $98.04. The stock has a market capitalization of $996.25 million, a PE 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.