State of Tennessee Department of Treasury Has $17.82 Million Stock Position in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)

State of Tennessee Department of Treasury reduced its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 4.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 190,288 shares of the company’s stock after selling 9,712 shares during the period. State of Tennessee Department of Treasury owned about 2.07% of JPMorgan BetaBuilders MSCI US REIT ETF worth $17,819,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BBRE. Sigma Planning Corp raised its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 14.8% in the fourth quarter. Sigma Planning Corp now owns 2,385 shares of the company’s stock valued at $223,000 after acquiring an additional 307 shares during the last quarter. Private Advisor Group LLC raised its position in JPMorgan BetaBuilders MSCI US REIT ETF by 29.0% in the 4th quarter. Private Advisor Group LLC now owns 6,446 shares of the company’s stock valued at $604,000 after purchasing an additional 1,450 shares during the last quarter. Peterson Wealth Advisors LLC acquired a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the fourth quarter worth $480,000. Paladin Wealth LLC bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the fourth quarter worth $734,000. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the fourth quarter valued at $790,000.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Down 2.6 %

Shares of BATS BBRE opened at $89.69 on Wednesday. JPMorgan BetaBuilders MSCI US REIT ETF has a 12-month low of $80.51 and a 12-month high of $103.37. The firm’s 50-day simple moving average is $92.64 and its 200 day simple moving average is $95.51. The company has a market cap of $865.47 million, a price-to-earnings ratio of 30.51 and a beta of 0.98.

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.