Concurrent Investment Advisors LLC Buys 19,964 Shares of JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

Concurrent Investment Advisors LLC grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 14.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 160,179 shares of the company’s stock after acquiring an additional 19,964 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in JPMorgan BetaBuilders MSCI US REIT ETF were worth $16,693,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in BBRE. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 1.6% during the 4th quarter. JPMorgan Chase & Co. now owns 4,206,450 shares of the company’s stock valued at $389,475,000 after buying an additional 65,602 shares during the period. University of Texas Texas AM Investment Management Co. boosted its position in JPMorgan BetaBuilders MSCI US REIT ETF by 1.6% in the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 2,723,289 shares of the company’s stock worth $252,149,000 after purchasing an additional 43,729 shares during the last quarter. Alaska Permanent Capital Management LLC boosted its position in JPMorgan BetaBuilders MSCI US REIT ETF by 2.7% in the first quarter. Alaska Permanent Capital Management LLC now owns 506,997 shares of the company’s stock worth $48,525,000 after purchasing an additional 13,150 shares during the last quarter. Global Endowment Management LP grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 32.9% during the 4th quarter. Global Endowment Management LP now owns 502,455 shares of the company’s stock valued at $46,522,000 after purchasing an additional 124,428 shares during the period. Finally, Bank of America Corp DE increased its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 6.6% during the 3rd quarter. Bank of America Corp DE now owns 352,820 shares of the company’s stock valued at $33,687,000 after purchasing an additional 21,827 shares during the last quarter.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Down 0.5%

Shares of BATS:BBRE opened at $105.62 on Friday. The firm’s 50 day moving average price is $108.85 and its 200-day moving average price is $104.58. JPMorgan BetaBuilders MSCI US REIT ETF has a twelve month low of $91.82 and a twelve month high of $113.40. The stock has a market capitalization of $1.03 billion, a PE ratio of 34.86 and a beta of 1.02.

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.