Brown Financial Advisors Buys Shares of 18,888 JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)

Brown Financial Advisors bought a new stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 18,888 shares of the company’s stock, valued at approximately $1,769,000.

A number of other large investors have also recently bought and sold shares of BBRE. Sigma Planning Corp acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the third quarter worth $210,000. Angeles Wealth Management LLC increased its position in JPMorgan BetaBuilders MSCI US REIT ETF by 79.0% during the 3rd quarter. Angeles Wealth Management LLC now owns 2,469 shares of the company’s stock worth $249,000 after purchasing an additional 1,090 shares in the last quarter. Peterson Wealth Advisors LLC purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the 4th quarter worth about $480,000. Private Advisor Group LLC raised its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 29.0% in the 4th quarter. Private Advisor Group LLC now owns 6,446 shares of the company’s stock valued at $604,000 after purchasing an additional 1,450 shares during the last quarter. Finally, Paladin Wealth LLC purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the 4th quarter valued at about $734,000.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Up 4.7 %

Shares of BATS BBRE opened at $96.41 on Tuesday. The business’s 50 day moving average price is $94.40 and its 200-day moving average price is $97.48. The stock has a market capitalization of $885.04 million, a P/E ratio of 26.26 and a beta of 1.00.

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.