Beta Wealth Group Inc. Purchases 1,701 Shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE)

Beta Wealth Group Inc. boosted its position in JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 2.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 63,750 shares of the company’s stock after purchasing an additional 1,701 shares during the quarter. JPMorgan Realty Income ETF comprises approximately 1.3% of Beta Wealth Group Inc.’s portfolio, making the stock its 24th largest holding. Beta Wealth Group Inc.’s holdings in JPMorgan Realty Income ETF were worth $3,014,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Assetmark Inc. increased its stake in JPMorgan Realty Income ETF by 65.2% in the 3rd quarter. Assetmark Inc. now owns 46,306 shares of the company’s stock valued at $2,359,000 after buying an additional 18,272 shares during the last quarter. Eclectic Associates Inc. ADV boosted its stake in shares of JPMorgan Realty Income ETF by 202.3% during the 4th quarter. Eclectic Associates Inc. ADV now owns 21,869 shares of the company’s stock worth $1,034,000 after buying an additional 14,634 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of JPMorgan Realty Income ETF by 16.5% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 19,456 shares of the company’s stock valued at $920,000 after acquiring an additional 2,757 shares in the last quarter. Synergy Asset Management LLC bought a new stake in JPMorgan Realty Income ETF during the fourth quarter worth about $315,000. Finally, MML Investors Services LLC boosted its position in JPMorgan Realty Income ETF by 17.4% during the third quarter. MML Investors Services LLC now owns 5,369 shares of the company’s stock valued at $273,000 after purchasing an additional 795 shares during the last quarter.

JPMorgan Realty Income ETF Stock Down 0.5 %

Shares of JPMorgan Realty Income ETF stock opened at $48.24 on Tuesday. JPMorgan Realty Income ETF has a 12-month low of $40.36 and a 12-month high of $52.03. The business’s 50 day moving average is $47.50 and its 200-day moving average is $49.09. The stock has a market cap of $374.82 million, a P/E 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.