Gradient Investments LLC Lowers Stock Position in JPMorgan Realty Income ETF (NYSEARCA:JPRE)

Gradient Investments LLC lessened its stake in JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 5.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 140,068 shares of the company’s stock after selling 8,784 shares during the period. Gradient Investments LLC owned approximately 1.80% of JPMorgan Realty Income ETF worth $6,622,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JPRE. MML Investors Services LLC grew its position in JPMorgan Realty Income ETF by 17.4% during the third quarter. MML Investors Services LLC now owns 5,369 shares of the company’s stock valued at $273,000 after acquiring an additional 795 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 valued at $77,000 after purchasing an additional 779 shares during the last quarter. Mattson Financial Services LLC bought a new stake in JPMorgan Realty Income ETF in the second quarter worth $48,000. Cetera Investment Advisers boosted its position in JPMorgan Realty Income ETF by 17.9% during the second quarter. Cetera Investment Advisers now owns 79,088 shares of the company’s stock valued at $3,488,000 after buying an additional 11,988 shares during the period. Finally, Hengehold Capital Management LLC bought a new position in shares of JPMorgan Realty Income ETF during the third quarter valued at about $227,000.

JPMorgan Realty Income ETF Trading Up 0.5 %

NYSEARCA JPRE opened at $47.75 on Friday. The firm has a market cap of $371.02 million, a PE ratio of 28.12 and a beta of 0.93. JPMorgan Realty Income ETF has a 1-year low of $40.36 and a 1-year high of $52.03. The stock has a 50-day moving average of $48.38 and a 200-day moving average of $48.93.

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.