JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Share Price Passes Above 200 Day Moving Average – Here’s Why

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $94.06 and traded as high as $101.73. JPMorgan BetaBuilders MSCI US REIT ETF shares last traded at $101.62, with a volume of 4,961 shares traded.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Up 1.2 %

The business has a 50 day moving average price of $99.61 and a 200 day moving average price of $94.06. The stock has a market cap of $932.87 million, a P/E ratio of 26.26 and a beta of 1.00.

Institutional Trading of JPMorgan BetaBuilders MSCI US REIT ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Rockland Trust Co. purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the 3rd quarter worth approximately $222,000. Comerica Bank raised its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 1,823.5% in the 1st quarter. Comerica Bank now owns 654 shares of the company’s stock valued at $58,000 after purchasing an additional 620 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter worth $240,000. Sigma Planning Corp acquired a new stake in JPMorgan BetaBuilders MSCI US REIT ETF in the 3rd quarter valued at about $210,000. Finally, Angeles Wealth Management LLC boosted its position in shares of 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 valued at $249,000 after acquiring an additional 1,090 shares during the last quarter.

About JPMorgan BetaBuilders MSCI US REIT ETF

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.