Shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE – Get Free Report) were down 0.5% during trading on Monday . The stock traded as low as $53.72 and last traded at $53.80. Approximately 4,749 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 31,413 shares. The stock had previously closed at $54.09.
JPMorgan Realty Income ETF Stock Performance
The company has a market capitalization of $492.98 million, a price-to-earnings ratio of 41.80 and a beta of 0.81. The company has a fifty day simple moving average of $52.45 and a two-hundred day simple moving average of $50.52.
Institutional Trading of JPMorgan Realty Income ETF
A number of institutional investors have recently added to or reduced their stakes in JPRE. Kestra Advisory Services LLC purchased a new position in JPMorgan Realty Income ETF in the fourth quarter valued at about $45,000. Northwestern Mutual Wealth Management Co. lifted its position in JPMorgan Realty Income ETF by 8.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,489 shares of the company’s stock worth $166,000 after acquiring an additional 260 shares in the last quarter. Focus Financial Network Inc. acquired a new position in JPMorgan Realty Income ETF during the 2nd quarter worth approximately $225,000. Axxcess Wealth Management LLC purchased a new position in JPMorgan Realty Income ETF in the 4th quarter worth approximately $202,000. Finally, Stratos Wealth Partners LTD. purchased a new position in JPMorgan Realty Income ETF in the 4th quarter worth approximately $271,000.
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.
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