JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Short Interest Up 73.4% in May

by · The Markets Daily

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE – Get Free Report) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 20,972 shares, a growth of 73.4% from the April 30th total of 12,093 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 109,529 shares, the short-interest ratio is currently 0.2 days.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

BATS:BBRE opened at $102.39 on Tuesday. The firm has a market capitalization of $996.25 million, a price-to-earnings 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 $106.86. The stock has a fifty day moving average of $101.58 and a 200 day moving average of $98.04.

Institutional Investors Weigh In On JPMorgan BetaBuilders MSCI US REIT ETF

Several large investors have recently added to or reduced their stakes in the business. Bleakley Financial Group LLC boosted its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 802.1% during the first quarter. Bleakley Financial Group LLC now owns 282,087 shares of the company’s stock valued at $26,993,000 after buying an additional 250,816 shares during the period. Fifth Third Bancorp lifted its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 383.5% during the first quarter. Fifth Third Bancorp now owns 967 shares of the company’s stock worth $93,000 after purchasing an additional 767 shares during the last quarter. Alaska Wealth Advisors LLC lifted its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 3.6% during the first quarter. Alaska Wealth Advisors LLC now owns 286,209 shares of the company’s stock worth $27,387,000 after purchasing an additional 10,075 shares during the last quarter. Alaska Permanent Capital Management LLC lifted its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 2.7% during the first quarter. Alaska Permanent Capital Management LLC now owns 506,997 shares of the company’s stock worth $48,525,000 after purchasing an additional 13,150 shares during the last quarter. Finally, Compound Planning Inc. lifted its stake in JPMorgan BetaBuilders MSCI US REIT ETF by 16.1% during the fourth quarter. Compound Planning Inc. now owns 4,294 shares of the company’s stock worth $398,000 after purchasing an additional 596 shares during the last quarter.

JPMorgan BetaBuilders MSCI US REIT ETF Company Profile

(Get Free Report)

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.

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