JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Short Interest Up 86.4% in July

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 64,532 shares, a growth of 86.4% from the July 15th total of 34,624 shares. Based on an average daily trading volume, of 41,685 shares, the short-interest ratio is presently 1.5 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 5.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 117,730 shares of the company’s stock valued at $10,901,000 after buying an additional 6,044 shares during the period. Bleakley Financial Group LLC grew its position in shares of 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 worth $26,993,000 after buying an additional 250,816 shares in the last quarter. Global Endowment Management LP increased its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 32.9% during 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 during the period. University of Texas Texas AM Investment Management Co. increased its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 1.6% during the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 2,723,289 shares of the company’s stock worth $252,149,000 after buying an additional 43,729 shares during the period. Finally, Alaska Permanent Capital Management LLC increased its stake in shares of 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 buying an additional 13,150 shares during the period.

JPMorgan BetaBuilders MSCI US REIT ETF Price Performance

BATS:BBRE opened at $108.68 on Monday. The company has a fifty day simple moving average of $108.61 and a two-hundred day simple moving average of $103.50. The company has a market cap of $1.06 billion, 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 $91.07 and a 52 week high of $113.40.

JPMorgan BetaBuilders MSCI US REIT ETF Company 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.