JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Sets New 12-Month High – Here’s What Happened

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $107.07 and last traded at $107.07, with a volume of 11287 shares changing hands. The stock had previously closed at $104.24.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Up 2.5%

The stock has a market cap of $1.04 billion, a P/E ratio of 34.86 and a beta of 1.02. The company’s fifty day simple moving average is $102.48 and its 200-day simple moving average is $98.40.

Institutional Investors Weigh In On JPMorgan BetaBuilders MSCI US REIT ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Aptus Capital Advisors LLC increased its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 31.3% in the 4th quarter. Aptus Capital Advisors LLC now owns 604 shares of the company’s stock valued at $56,000 after buying an additional 144 shares during the period. Comerica Bank increased its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 100.8% in the 4th quarter. Comerica Bank now owns 767 shares of the company’s stock valued at $71,000 after buying an additional 385 shares during the period. Fifth Third Bancorp increased its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 383.5% in the 1st quarter. Fifth Third Bancorp now owns 967 shares of the company’s stock valued at $93,000 after buying an additional 767 shares during the period. Raymond James Financial Inc. bought a new stake in JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter valued at $93,000. Finally, KERR FINANCIAL PLANNING Corp bought a new stake in JPMorgan BetaBuilders MSCI US REIT ETF in the 3rd quarter valued at $115,000.

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.