Concurrent Investment Advisors LLC Grows Stock Holdings in JPMorgan BetaBuilders MSCI US REIT ETF $BBRE

Concurrent Investment Advisors LLC lifted its stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 14.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 160,179 shares of the company’s stock after purchasing an additional 19,964 shares during the quarter. Concurrent Investment Advisors LLC owned about 1.65% of JPMorgan BetaBuilders MSCI US REIT ETF worth $16,693,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Bleakley Financial Group LLC grew its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 802.1% in the first quarter. Bleakley Financial Group LLC now owns 282,087 shares of the company’s stock worth $26,993,000 after acquiring an additional 250,816 shares during the last quarter. Mason & Associates Inc bought a new stake in JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter valued at about $26,504,000. MBA Advisors LLC purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth about $14,330,000. Clarus Wealth Advisors purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter worth about $13,926,000. Finally, Global Endowment Management LP lifted its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 32.9% in the fourth quarter. Global Endowment Management LP now owns 502,455 shares of the company’s stock worth $46,522,000 after buying an additional 124,428 shares in the last quarter.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Down 0.5%

BATS:BBRE opened at $105.62 on Friday. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 34.86 and a beta of 1.02. The company’s 50 day moving average price is $108.85 and its 200-day moving average price is $104.58. JPMorgan BetaBuilders MSCI US REIT ETF has a 52 week low of $91.82 and a 52 week high of $113.40.

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.