Integrated Wealth Concepts LLC Purchases New Shares in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

Integrated Wealth Concepts LLC acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBREFree Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 179,189 shares of the company’s stock, valued at approximately $19,222,000. Integrated Wealth Concepts LLC owned 1.84% of JPMorgan BetaBuilders MSCI US REIT ETF at the end of the most recent quarter.

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

JPMorgan BetaBuilders MSCI US REIT ETF Price Performance

Shares of BBRE opened at $104.55 on Thursday. JPMorgan BetaBuilders MSCI US REIT ETF has a one year low of $91.82 and a one year high of $113.40. The company has a 50-day simple moving average of $108.69 and a two-hundred day simple moving average of $104.69. The firm has a market capitalization of $1.02 billion, a PE ratio of 34.86 and a beta of 1.02.

About JPMorgan BetaBuilders MSCI US REIT ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)

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