JPMorgan Realty Income ETF (NYSEARCA:JPRE) Trading Down 0.4%

JPMorgan Realty Income ETF (NYSEARCA:JPRE) traded down 0.4% during trading on Monday . The company traded as low as $43.55 and last traded at $43.73. 4,515 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 15,835 shares. The stock had previously closed at $43.91.

JPMorgan Realty Income ETF Trading Down 0.4 %

The firm has a 50-day simple moving average of $42.52 and a two-hundred day simple moving average of $43.33. The company has a market capitalization of $339.79 million, a price-to-earnings ratio of 28.12 and a beta of 0.93.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JPRE. Cetera Investment Advisers raised its position in shares of JPMorgan Realty Income ETF by 195.7% during the 1st quarter. Cetera Investment Advisers now owns 67,100 shares of the company’s stock worth $2,942,000 after purchasing an additional 44,410 shares during the last quarter. First Foundation Advisors acquired a new stake in shares of JPMorgan Realty Income ETF in the first quarter worth approximately $265,000. Global Retirement Partners LLC increased its position in shares of JPMorgan Realty Income ETF by 1,151.9% during the first quarter. Global Retirement Partners LLC now owns 651 shares of the company’s stock worth $29,000 after purchasing an additional 599 shares in the last quarter. Beta Wealth Group Inc. raised its stake in JPMorgan Realty Income ETF by 44.9% in the 4th quarter. Beta Wealth Group Inc. now owns 22,762 shares of the company’s stock valued at $1,024,000 after purchasing an additional 7,058 shares during the last quarter. Finally, Certified Advisory Corp purchased a new stake in shares of JPMorgan Realty Income ETF during the fourth quarter worth $395,000.

JPMorgan Realty Income ETF Company Profile

The JPMorgan Realty Income ETF (JPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund actively invests in US equity REITs and mortgage REITs, selecting those perceived to exhibit financial strength, operating revenues, and attractive growth potential. JPRE was launched on May 20, 2022 and is managed by JPMorgan Chase.