JPMorgan Realty Income ETF $JPRE Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 3.9% in the 3rd quarter, Holdings Channel reports. The firm owned 6,220,324 shares of the company’s stock after purchasing an additional 235,460 shares during the quarter. JPMorgan Chase & Co. owned 0.63% of JPMorgan Realty Income ETF worth $298,140,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Spire Wealth Management acquired a new stake in shares of JPMorgan Realty Income ETF during the 3rd quarter valued at approximately $29,000. Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan Realty Income ETF by 8.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,489 shares of the company’s stock valued at $166,000 after purchasing an additional 260 shares in the last quarter. Bank of Montreal Can raised its holdings in JPMorgan Realty Income ETF by 228.8% during the second quarter. Bank of Montreal Can now owns 4,314 shares of the company’s stock worth $206,000 after purchasing an additional 3,002 shares during the last quarter. Orion Porfolio Solutions LLC acquired a new position in JPMorgan Realty Income ETF during the second quarter worth $313,000. Finally, Whipplewood Advisors LLC boosted its position in JPMorgan Realty Income ETF by 138.6% during the second quarter. Whipplewood Advisors LLC now owns 8,191 shares of the company’s stock worth $390,000 after purchasing an additional 4,758 shares in the last quarter.

JPMorgan Realty Income ETF Stock Down 0.3%

NYSEARCA:JPRE opened at $50.29 on Friday. JPMorgan Realty Income ETF has a 52-week low of $41.26 and a 52-week high of $51.42. The stock has a fifty day simple moving average of $47.85 and a 200-day simple moving average of $47.66. The company has a market capitalization of $495.36 million, a PE ratio of 41.80 and a beta of 0.85.

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.