Tower Research Capital LLC TRC Raises Position in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)

Tower Research Capital LLC TRC raised its holdings in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE – Get Rating) by 1,001.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,951 shares of the company’s stock after acquiring an additional 2,683 shares during the period. Tower Research Capital LLC TRC’s holdings in JPMorgan BetaBuilders MSCI US REIT ETF were worth $231,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 8.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,420 shares of the company’s stock valued at $125,000 after buying an additional 107 shares during the period. Jane Street Group LLC acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the first quarter worth $869,000. Integrated Wealth Concepts LLC grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 9.8% in the second quarter. Integrated Wealth Concepts LLC now owns 10,330 shares of the company’s stock worth $907,000 after acquiring an additional 921 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 77.6% during the first quarter. Goldman Sachs Group Inc. now owns 13,668 shares of the company’s stock worth $1,454,000 after purchasing an additional 5,974 shares in the last quarter. Finally, Citadel Advisors LLC grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 46.5% during the second quarter. Citadel Advisors LLC now owns 21,053 shares of the company’s stock worth $1,849,000 after purchasing an additional 6,681 shares in the last quarter.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Up 1.5 %

Shares of BBRE stock opened at $87.17 on Friday. The firm has a market capitalization of $915.29 million, a P/E ratio of 27.47 and a beta of 0.90. The stock’s 50 day moving average price is $86.67 and its two-hundred day moving average price is $85.09.

JPMorgan BetaBuilders MSCI US REIT ETF Profile

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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.