Alaska Permanent Capital Management increased its stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE – Free Report) by 35.6% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 437,559 shares of the company’s stock after buying an additional 114,885 shares during the quarter. JPMorgan BetaBuilders MSCI US REIT ETF accounts for approximately 3.4% of Alaska Permanent Capital Management’s portfolio, making the stock its 10th largest holding. Alaska Permanent Capital Management owned 4.77% of JPMorgan BetaBuilders MSCI US REIT ETF worth $40,999,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth $240,000. Angeles Wealth Management LLC lifted its holdings 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 worth $249,000 after acquiring an additional 1,090 shares during the last quarter. Sigma Planning Corp purchased a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 3rd quarter worth about $210,000. Peterson Wealth Advisors LLC purchased a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the fourth quarter worth approximately $480,000. Finally, Gradient Investments LLC purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the 4th quarter worth $26,567,000.
JPMorgan BetaBuilders MSCI US REIT ETF Stock Up 4.2 %
Shares of BBRE stock opened at $96.01 on Wednesday. The company has a market capitalization of $881.37 million, a P/E ratio of 26.26 and a beta of 1.00. The company has a fifty day moving average of $94.93 and a 200 day moving average of $97.30.
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.
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