High Net Worth Advisory Group LLC Invests $1.34 Million in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

High Net Worth Advisory Group LLC purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,468 shares of the company’s stock, valued at approximately $1,337,000. High Net Worth Advisory Group LLC owned 0.13% of JPMorgan BetaBuilders MSCI US REIT ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Aptus Capital Advisors LLC lifted its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 31.3% in the fourth quarter. Aptus Capital Advisors LLC now owns 604 shares of the company’s stock worth $56,000 after acquiring an additional 144 shares during the period. Comerica Bank increased its position in JPMorgan BetaBuilders MSCI US REIT ETF by 100.8% during the 4th quarter. Comerica Bank now owns 767 shares of the company’s stock valued at $71,000 after purchasing an additional 385 shares during the period. Fifth Third Bancorp increased its position in 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 valued at $93,000 after purchasing an additional 767 shares during the period. Raymond James Financial Inc. bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter valued at about $93,000. Finally, Triumph Capital Management bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter valued at about $113,000.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

Shares of BBRE opened at $106.16 on Friday. The company has a 50 day moving average price of $108.92 and a 200-day moving average price of $104.57. JPMorgan BetaBuilders MSCI US REIT ETF has a fifty-two week low of $91.82 and a fifty-two week high of $113.40. The stock has a market capitalization of $1.03 billion, a PE ratio of 34.86 and a beta of 1.02.

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.