JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Stock Price Up 2.2% – Time to Buy?

Shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBREGet Free Report) were up 2.2% during mid-day trading on Monday . The company traded as high as $94.28 and last traded at $94.1590. Approximately 7,630 shares were traded during trading, a decline of 75% from the average daily volume of 29,958 shares. The stock had previously closed at $92.1040.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Up 2.2%

The company has a 50 day moving average price of $94.60 and a 200-day moving average price of $93.61. The company has a market cap of $916.17 million, a P/E ratio of 34.86 and a beta of 1.02.

Institutional Trading of JPMorgan BetaBuilders MSCI US REIT ETF

A number of institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth $93,000. Comerica Bank grew its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 18.0% during the first quarter. Comerica Bank now owns 1,024 shares of the company’s stock worth $96,000 after buying an additional 156 shares in the last quarter. 5T Wealth LLC acquired a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter worth about $222,000. Osaic Holdings Inc. increased its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 66.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,438 shares of the company’s stock valued at $225,000 after buying an additional 973 shares during the period. Finally, Newbridge Financial Services Group Inc. acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter valued at approximately $346,000.

JPMorgan BetaBuilders MSCI US REIT ETF Company Profile

(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.

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