University of Texas Texas AM Investment Management Co. Makes New $211.71 Million Investment in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

University of Texas Texas AM Investment Management Co. purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,124,541 shares of the company’s stock, valued at approximately $211,711,000. JPMorgan BetaBuilders MSCI US REIT ETF comprises 26.8% of University of Texas Texas AM Investment Management Co.’s holdings, making the stock its biggest holding. University of Texas Texas AM Investment Management Co. owned about 0.22% of JPMorgan BetaBuilders MSCI US REIT ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Fifth Third Bancorp grew its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 383.5% during the 1st quarter. Fifth Third Bancorp now owns 967 shares of the company’s stock worth $93,000 after acquiring an additional 767 shares during the last quarter. Triumph Capital Management bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth about $113,000. Banco de Sabadell S.A bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth about $193,000. Endowment Wealth Management Inc. bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the third quarter worth about $222,000. Finally, QRG Capital Management Inc. acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter worth approximately $549,000.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

Shares of BBRE stock opened at $105.21 on Monday. JPMorgan BetaBuilders MSCI US REIT ETF has a 1 year low of $91.82 and a 1 year high of $113.40. The firm’s 50 day moving average is $102.39 and its 200-day moving average is $103.27. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 30.75 and a beta of 0.94.

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.