Global Endowment Management LP Has $46.52 Million Stock Holdings in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

Global Endowment Management LP grew its holdings in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 32.9% in the 4th quarter, Holdings Channel reports. The fund owned 502,455 shares of the company’s stock after purchasing an additional 124,428 shares during the quarter. JPMorgan BetaBuilders MSCI US REIT ETF accounts for 5.8% of Global Endowment Management LP’s portfolio, making the stock its 4th biggest position. Global Endowment Management LP owned 0.05% of JPMorgan BetaBuilders MSCI US REIT ETF worth $46,522,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. HighTower Advisors LLC grew its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 2.2% during the third quarter. HighTower Advisors LLC now owns 554,960 shares of the company’s stock worth $52,988,000 after buying an additional 11,724 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the third quarter worth about $2,454,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 5.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 117,730 shares of the company’s stock worth $10,901,000 after buying an additional 6,044 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 1.8% during the third quarter. JPMorgan Chase & Co. now owns 4,140,848 shares of the company’s stock worth $395,368,000 after buying an additional 74,483 shares in the last quarter. Finally, Bleakley Financial Group LLC bought a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the fourth quarter worth about $2,895,000.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

BATS:BBRE opened at $108.06 on Friday. The company has a market cap of $1.05 billion, a PE ratio of 34.86 and a beta of 1.02. JPMorgan BetaBuilders MSCI US REIT ETF has a 52-week low of $90.14 and a 52-week high of $108.33. The stock has a 50-day simple moving average of $103.45 and a 200 day simple moving average of $98.76.

JPMorgan BetaBuilders MSCI US REIT ETF 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.