JPMorgan Chase & Co. Trims Stake in JPMorgan Realty Income ETF (NYSEARCA:JPRE)

JPMorgan Chase & Co. lessened its position in shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 10.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,428,957 shares of the company’s stock after selling 622,106 shares during the quarter. JPMorgan Chase & Co. owned about 69.87% of JPMorgan Realty Income ETF worth $276,551,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Mattson Financial Services LLC acquired a new stake in shares of JPMorgan Realty Income ETF in the second quarter valued at approximately $48,000. Northwestern Mutual Wealth Management Co. boosted its stake in JPMorgan Realty Income ETF by 79.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,755 shares of the company’s stock worth $77,000 after purchasing an additional 779 shares during the period. Hengehold Capital Management LLC purchased a new position in JPMorgan Realty Income ETF during the 3rd quarter worth $227,000. MML Investors Services LLC increased its stake in JPMorgan Realty Income ETF by 17.4% in the third quarter. MML Investors Services LLC now owns 5,369 shares of the company’s stock valued at $273,000 after purchasing an additional 795 shares during the period. Finally, Eclectic Associates Inc. ADV purchased a new stake in shares of JPMorgan Realty Income ETF in the third quarter valued at about $368,000.

JPMorgan Realty Income ETF Stock Performance

Shares of JPRE opened at $47.04 on Monday. The company has a market capitalization of $365.50 million, a price-to-earnings ratio of 28.12 and a beta of 0.93. JPMorgan Realty Income ETF has a fifty-two week low of $40.36 and a fifty-two week high of $52.03. The firm has a 50-day simple moving average of $49.67 and a 200-day simple moving average of $48.56.

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.