Beta Wealth Group Inc. Buys 7,058 Shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE)

Beta Wealth Group Inc. boosted its stake in shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 44.9% during the fourth quarter, Holdings Channel reports. The firm owned 22,762 shares of the company’s stock after purchasing an additional 7,058 shares during the quarter. Beta Wealth Group Inc.’s holdings in JPMorgan Realty Income ETF were worth $1,024,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its position 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 purchasing an additional 3,462 shares during the last quarter. Redhawk Wealth Advisors Inc. bought a new stake in JPMorgan Realty Income ETF during the fourth quarter valued at approximately $1,462,000. Bill Few Associates Inc. increased its holdings in JPMorgan Realty Income ETF by 107.9% during the fourth quarter. Bill Few Associates Inc. now owns 12,974 shares of the company’s stock valued at $584,000 after buying an additional 6,735 shares during the last quarter. Assetmark Inc. raised its position 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. Finally, Certified Advisory Corp bought a new stake in shares of JPMorgan Realty Income ETF during the 4th quarter valued at $395,000.

JPMorgan Realty Income ETF Price Performance

Shares of NYSEARCA:JPRE traded down $0.04 during midday trading on Friday, hitting $42.45. The company had a trading volume of 10,726 shares, compared to its average volume of 17,271. JPMorgan Realty Income ETF has a 12-month low of $37.08 and a 12-month high of $45.56. The company has a fifty day moving average of $42.46 and a two-hundred day moving average of $43.07. The company has a market cap of $329.80 million, a price-to-earnings ratio of 28.12 and a beta of 0.93.

JPMorgan Realty Income ETF 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.