JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Reaches New 52-Week High – Here’s What Happened

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)’s share price reached a new 52-week high on Thursday . The stock traded as high as $106.87 and last traded at $106.01, with a volume of 131952 shares trading hands. The stock had previously closed at $106.37.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

The firm’s 50 day moving average price is $101.26 and its two-hundred day moving average price is $97.85. The firm has a market cap of $1.03 billion, a PE ratio of 34.86 and a beta of 1.02.

Hedge Funds Weigh In On JPMorgan BetaBuilders MSCI US REIT ETF

Hedge funds have recently made changes to their positions in the stock. Aptus Capital Advisors LLC boosted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 31.3% during the 4th quarter. Aptus Capital Advisors LLC now owns 604 shares of the company’s stock worth $56,000 after purchasing an additional 144 shares during the period. Comerica Bank boosted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 100.8% during the 4th quarter. Comerica Bank now owns 767 shares of the company’s stock worth $71,000 after purchasing an additional 385 shares during the period. Fifth Third Bancorp boosted its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 383.5% during the 1st quarter. Fifth Third Bancorp now owns 967 shares of the company’s stock worth $93,000 after purchasing an additional 767 shares during the period. Raymond James Financial Inc. purchased a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth approximately $93,000. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 3rd quarter worth approximately $115,000.

JPMorgan BetaBuilders MSCI US REIT ETF Company 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.