JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Shares Sold by Angeles Wealth Management LLC

Angeles Wealth Management LLC lowered its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 10.3% during the fourth quarter, Holdings Channel reports. The fund owned 2,214 shares of the company’s stock after selling 255 shares during the quarter. Angeles Wealth Management LLC’s holdings in JPMorgan BetaBuilders MSCI US REIT ETF were worth $207,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in BBRE. Sigma Planning Corp purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the third quarter worth about $210,000. Sanctuary Advisors LLC purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter worth about $240,000. Peterson Wealth Advisors LLC purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the fourth quarter worth about $480,000. Finally, Gradient Investments LLC purchased a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the fourth quarter worth about $26,567,000.

JPMorgan BetaBuilders MSCI US REIT ETF Price Performance

BATS BBRE opened at $95.42 on Tuesday. The stock’s fifty day simple moving average is $95.01 and its 200-day simple moving average is $97.28. The stock has a market capitalization of $875.91 million, a P/E ratio of 26.26 and a beta of 1.00.

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.