JPMorgan Realty Income ETF (NYSEARCA:JPRE) Trading 0.8% Higher

JPMorgan Realty Income ETF (NYSEARCA:JPRE) was up 0.8% during trading on Monday . The company traded as high as $41.08 and last traded at $41.00. Approximately 16,820 shares were traded during trading, a decline of 4% from the average daily volume of 17,517 shares. The stock had previously closed at $40.69.

JPMorgan Realty Income ETF Stock Performance

The firm has a 50 day moving average price of $43.01 and a two-hundred day moving average price of $42.43. The company has a market cap of $309.55 million, a P/E ratio of 28.79 and a beta of 0.91.

Institutional Investors Weigh In On JPMorgan Realty Income ETF

Several institutional investors have recently added to or reduced their stakes in the business. Bill Few Associates Inc. lifted its stake in shares of JPMorgan Realty Income ETF by 107.9% during the 4th quarter. Bill Few Associates Inc. now owns 12,974 shares of the company’s stock valued at $584,000 after buying an additional 6,735 shares in the last quarter. Redhawk Wealth Advisors Inc. purchased a new stake in shares of JPMorgan Realty Income ETF during the fourth quarter worth $1,462,000. Tower Research Capital LLC TRC boosted its holdings in shares of JPMorgan Realty Income ETF by 69.5% in the third quarter. Tower Research Capital LLC TRC now owns 8,443 shares of the company’s stock worth $329,000 after acquiring an additional 3,462 shares during the period. Private Trust Co. NA purchased a new position in shares of JPMorgan Realty Income ETF in the third quarter valued at $37,000. Finally, Assetmark Inc. grew its position in shares of JPMorgan Realty Income ETF by 79,671.9% in the fourth quarter. Assetmark Inc. now owns 25,527 shares of the company’s stock valued at $1,149,000 after purchasing an additional 25,495 shares in the last quarter.

About JPMorgan Realty Income ETF

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.