Angeles Wealth Management LLC Cuts Stake in JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE)

Angeles Wealth Management LLC trimmed its position in shares of JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) by 10.3% during the 4th quarter, according to its most recent 13F filing with the SEC. 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.

Several other institutional investors also recently bought and sold shares of the company. Sigma Planning Corp purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 3rd quarter valued at about $210,000. Sanctuary Advisors LLC purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter valued at about $240,000. Peterson Wealth Advisors LLC purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 4th quarter valued at about $480,000. Finally, Gradient Investments LLC purchased a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 4th quarter valued at about $26,567,000.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

Shares of BATS BBRE opened at $95.42 on Tuesday. The stock has a market cap of $875.91 million, a P/E ratio of 26.26 and a beta of 1.00. The company’s 50-day moving average is $95.01 and its 200-day moving average is $97.28.

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.