JPMorgan Realty Income ETF (NYSEARCA:JPRE) Stock Price Up 0.8%

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

JPMorgan Realty Income ETF Price Performance

The stock’s fifty day moving average price is $43.01 and its 200 day moving average price is $42.43. The stock has a market capitalization of $309.55 million, a P/E ratio of 28.79 and a beta of 0.91.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Private Trust Co. NA purchased a new stake in JPMorgan Realty Income ETF in the third quarter worth about $37,000. Bill Few Associates Inc. lifted its stake in JPMorgan Realty Income ETF by 7.1% in the third quarter. Bill Few Associates Inc. now owns 6,239 shares of the company’s stock worth $243,000 after acquiring an additional 414 shares during the period. Tower Research Capital LLC TRC lifted its stake in 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. Redhawk Wealth Advisors Inc. purchased a new stake in JPMorgan Realty Income ETF in the fourth quarter worth about $1,462,000. Finally, Assetmark Inc. lifted its stake in JPMorgan Realty Income ETF by 79,671.9% in the fourth quarter. Assetmark Inc. now owns 25,527 shares of the company’s stock worth $1,149,000 after acquiring an additional 25,495 shares during the period.

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.