JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Shares Up 0.8% – Should You Buy?

Posted by Amy Steele on Dec 27th, 2024

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE – Get Free Report)’s share price was up 0.8% on Thursday . The company traded as high as $93.98 and last traded at $93.98. Approximately 5,648 shares traded hands during mid-day trading, The stock had previously closed at $93.27.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Up 0.8 %

The stock has a fifty day moving average of $98.79 and a two-hundred day moving average of $96.03. The stock has a market cap of $862.75 million, a price-to-earnings ratio of 26.26 and a beta of 1.00.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BBRE. Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter valued at approximately $240,000. Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 3.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,124 shares of the company’s stock valued at $5,801,000 after purchasing an additional 2,453 shares in the last quarter. Rockland Trust Co. acquired a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the third quarter worth $222,000. Sigma Planning Corp purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the third quarter worth $210,000. Finally, Angeles Wealth Management LLC grew its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 79.0% in the third quarter. Angeles Wealth Management LLC now owns 2,469 shares of the company’s stock valued at $249,000 after purchasing an additional 1,090 shares during the last quarter.

About JPMorgan BetaBuilders MSCI US REIT ETF

(Get 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.