Belpointe Asset Management LLC Has $401,000 Position in JPMorgan Realty Income ETF $JPRE

Belpointe Asset Management LLC reduced its holdings in JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,419 shares of the company’s stock after selling 437 shares during the quarter. Belpointe Asset Management LLC owned about 0.09% of JPMorgan Realty Income ETF worth $401,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in JPRE. First Foundation Advisors grew its position in shares of JPMorgan Realty Income ETF by 283.9% in the first quarter. First Foundation Advisors now owns 492,017 shares of the company’s stock valued at $23,715,000 after purchasing an additional 363,862 shares during the last quarter. Capital A Wealth Management LLC acquired a new stake in JPMorgan Realty Income ETF during the first quarter worth about $5,494,000. Beta Wealth Group Inc. grew its position in JPMorgan Realty Income ETF by 44.8% during the first quarter. Beta Wealth Group Inc. now owns 92,334 shares of the company’s stock worth $4,450,000 after buying an additional 28,584 shares in the last quarter. 21 West Wealth Management LLC acquired a new stake in JPMorgan Realty Income ETF during the second quarter worth about $1,345,000. Finally, Eclectic Associates Inc. ADV grew its position in JPMorgan Realty Income ETF by 59.8% during the second quarter. Eclectic Associates Inc. ADV now owns 74,989 shares of the company’s stock worth $3,572,000 after buying an additional 28,050 shares in the last quarter.

JPMorgan Realty Income ETF Stock Down 1.0%

JPRE stock opened at $46.46 on Friday. JPMorgan Realty Income ETF has a twelve month low of $41.26 and a twelve month high of $51.89. The company has a market cap of $455.31 million, a PE ratio of 41.80 and a beta of 1.40. The business’s 50-day simple moving average is $47.55 and its 200 day simple moving average is $47.43.

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.