Gradient Investments LLC Takes Position in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)

Gradient Investments LLC acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) during the fourth quarter, Holdings Channel reports. The firm acquired 283,716 shares of the company’s stock, valued at approximately $26,567,000.

Several other institutional investors have also bought and sold shares of the stock. Sigma Planning Corp bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 3rd quarter worth about $210,000. Rockland Trust Co. bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the third quarter valued at approximately $222,000. Sanctuary Advisors LLC acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter worth approximately $240,000. Angeles Wealth Management LLC grew its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 79.0% during the third 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. Finally, Peterson Wealth Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the fourth quarter valued at $480,000.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Up 3.1 %

Shares of BATS BBRE opened at $95.00 on Friday. The firm has a market cap of $872.05 million, a P/E ratio of 26.26 and a beta of 1.00. The stock’s 50-day moving average is $96.32 and its 200-day moving average is $96.94.

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.