JPMorgan BetaBuilders MSCI US REIT ETF $BBRE is Alaska Wealth Advisors’ 10th Largest Position

Alaska Wealth Advisors grew its holdings in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 10.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 266,405 shares of the company’s stock after acquiring an additional 26,264 shares during the period. JPMorgan BetaBuilders MSCI US REIT ETF accounts for 3.3% of Alaska Wealth Advisors’ portfolio, making the stock its 10th largest holding. Alaska Wealth Advisors owned 2.74% of JPMorgan BetaBuilders MSCI US REIT ETF worth $25,436,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of BBRE. 5T Wealth LLC purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter worth $222,000. JPMorgan Chase & Co. grew its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 8.7% during the second quarter. JPMorgan Chase & Co. now owns 4,066,365 shares of the company’s stock valued at $374,553,000 after purchasing an additional 324,110 shares during the period. Orion Porfolio Solutions LLC purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth about $712,000. Mutual Advisors LLC purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth about $691,000. Finally, University of Texas Texas AM Investment Management Co. raised its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 4.3% in the second quarter. University of Texas Texas AM Investment Management Co. now owns 2,584,286 shares of the company’s stock worth $238,039,000 after buying an additional 105,550 shares during the period.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Up 2.7%

BBRE stock opened at $94.58 on Monday. The business’s 50-day moving average price is $93.90 and its 200-day moving average price is $93.96. The stock has a market cap of $920.22 million, a P/E ratio of 34.86 and a beta of 1.02. JPMorgan BetaBuilders MSCI US REIT ETF has a twelve month low of $80.51 and a twelve month high of $103.37.

JPMorgan BetaBuilders MSCI US REIT ETF Profile

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.