JPMorgan BetaBuilders MSCI US REIT ETF (BBRE)
JPMorgan BetaBuilders MSCI US REIT ETF operates in the REIT - Industrial industry of the Real Estate sector, headquartered in New York, NY, US. The stock last traded at $107.28, up 1.02% on the session, giving a market capitalisation of $1.24B. Its beta of 0.97 implies it has historically moved less than the broad market.
The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is a free-float adjusted market-cap weighted index designed to measure the performance of U.S. equity real estate investment trust ("REIT") securities. The fund may invest up to 20% of its assets in exchange-traded futures to seek performance that corresponds to the underlying index.
JPMorgan BetaBuilders MSCI US REIT ETF is most often compared with the following Real Estate names: