Welch Financial Planning LLC Makes New Investment in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

Welch Financial Planning LLC bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 5,573 shares of the company’s stock, valued at approximately $555,000. Welch Financial Planning LLC owned about 0.06% of JPMorgan BetaBuilders MSCI US REIT ETF at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the third quarter valued at about $211,711,000. Mason & Associates Inc acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth about $26,504,000. Integrated Wealth Concepts LLC acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth about $19,222,000. Concurrent Investment Advisors LLC lifted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 14.2% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 160,179 shares of the company’s stock worth $16,693,000 after purchasing an additional 19,964 shares during the last quarter. Finally, MBA Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth about $14,330,000.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Down 0.6%

Shares of BATS:BBRE opened at $105.89 on Friday. The business has a 50 day moving average price of $102.42 and a 200 day moving average price of $103.50. JPMorgan BetaBuilders MSCI US REIT ETF has a twelve month low of $91.82 and a twelve month high of $113.40. The company has a market cap of $1.27 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.