JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Shares Cross Above 200 Day Moving Average – What’s Next?

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $94.72 and traded as high as $100.95. JPMorgan BetaBuilders MSCI US REIT ETF shares last traded at $100.18, with a volume of 13,722 shares trading hands.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Down 0.6 %

The firm’s 50 day moving average price is $99.63 and its two-hundred day moving average price is $94.72. The company has a market capitalization of $919.65 million, a price-to-earnings ratio of 26.26 and a beta of 1.00.

Institutional Trading of JPMorgan BetaBuilders MSCI US REIT ETF

Several institutional investors and hedge funds have recently bought and sold shares of BBRE. Rockland Trust Co. acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 3rd quarter worth approximately $222,000. Comerica Bank increased its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 1,823.5% in the first 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 bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter valued at about $240,000. Sigma Planning Corp acquired a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the third quarter worth approximately $210,000. Finally, Angeles Wealth Management LLC lifted its holdings 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 during 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.