Assetmark Inc. Has $88,000 Stock Position in JPMorgan Realty Income ETF $JPRE

Assetmark Inc. lessened its position in shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 96.0% in the third quarter, HoldingsChannel.com reports. The firm owned 1,834 shares of the company’s stock after selling 44,215 shares during the quarter. Assetmark Inc.’s holdings in JPMorgan Realty Income ETF were worth $88,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Realty Income ETF by 6.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 5,984,864 shares of the company’s stock valued at $285,119,000 after purchasing an additional 383,988 shares during the last quarter. Anderson Financial Strategies LLC acquired a new position in JPMorgan Realty Income ETF in the second quarter valued at $6,398,000. First American Trust FSB bought a new stake in JPMorgan Realty Income ETF during the second quarter valued at $4,742,000. Raymond James Financial Inc. grew its holdings in JPMorgan Realty Income ETF by 119.5% during the 2nd quarter. Raymond James Financial Inc. now owns 126,148 shares of the company’s stock worth $6,010,000 after acquiring an additional 68,686 shares during the period. Finally, Eclectic Associates Inc. ADV grew its holdings in JPMorgan Realty Income ETF by 40.3% during the 3rd quarter. Eclectic Associates Inc. ADV now owns 105,225 shares of the company’s stock worth $5,043,000 after acquiring an additional 30,236 shares during the period.

JPMorgan Realty Income ETF Trading Up 0.1%

JPRE stock opened at $50.84 on Wednesday. The firm has a market cap of $500.77 million, a PE ratio of 41.80 and a beta of 0.85. The stock has a 50-day moving average price of $48.07 and a 200-day moving average price of $47.74. JPMorgan Realty Income ETF has a 1-year low of $41.26 and a 1-year high of $51.42.

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.