Shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE – Get Free Report) were down 0.9% during trading on Friday . The company traded as low as $50.86 and last traded at $50.86. Approximately 17,888 shares were traded during mid-day trading, a decline of 35% from the average session volume of 27,394 shares. The stock had previously closed at $51.31.
JPMorgan Realty Income ETF Price Performance
The company has a market capitalization of $508.55 million, a P/E ratio of 41.80 and a beta of 0.80. The company has a fifty day moving average price of $53.00 and a 200 day moving average price of $51.79.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JPRE. Axxcess Wealth Management LLC bought a new position in shares of JPMorgan Realty Income ETF during the fourth quarter worth about $202,000. MOR Wealth Management LLC acquired a new stake in shares of JPMorgan Realty Income ETF in the 2nd quarter worth about $208,000. Focus Financial Network Inc. bought a new stake in JPMorgan Realty Income ETF in the 2nd quarter valued at about $225,000. Swisher Financial Concepts Inc. lifted its position in JPMorgan Realty Income ETF by 7.2% in the 1st quarter. Swisher Financial Concepts Inc. now owns 8,288 shares of the company’s stock valued at $398,000 after purchasing an additional 560 shares during the last quarter. Finally, Capital Analysts LLC lifted its position in JPMorgan Realty Income ETF by 65.2% in the 2nd quarter. Capital Analysts LLC now owns 9,823 shares of the company’s stock valued at $512,000 after purchasing an additional 3,876 shares during 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.
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