JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Shares Down 0% – What’s Next?

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)’s stock price was down 0% during mid-day trading on Tuesday . The stock traded as low as $92.11 and last traded at $92.0640. Approximately 7,630 shares traded hands during mid-day 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 Down 0.0%

The company has a market cap of $895.78 million, a price-to-earnings ratio of 34.86 and a beta of 1.02. The business has a fifty day simple moving average of $94.31 and a 200 day simple moving average of $93.80.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter valued at approximately $93,000. Comerica Bank increased its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 18.0% in the 1st quarter. Comerica Bank now owns 1,024 shares of the company’s stock valued at $96,000 after purchasing an additional 156 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the third quarter worth $115,000. 5T Wealth LLC purchased a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter worth $222,000. Finally, Osaic Holdings Inc. boosted its position in JPMorgan BetaBuilders MSCI US REIT ETF by 66.4% during the second quarter. Osaic Holdings Inc. now owns 2,438 shares of the company’s stock worth $225,000 after purchasing an additional 973 shares in the last quarter.

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.