JPMorgan Realty Income ETF (NYSEARCA:JPRE) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers trimmed its holdings in shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 35.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,647 shares of the company’s stock after selling 23,139 shares during the period. Cetera Investment Advisers owned about 0.48% of JPMorgan Realty Income ETF worth $2,007,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Analysts LLC acquired a new position in JPMorgan Realty Income ETF during the fourth quarter valued at approximately $106,000. First Foundation Advisors lifted its position in JPMorgan Realty Income ETF by 16.7% during the fourth quarter. First Foundation Advisors now owns 128,155 shares of the company’s stock valued at $6,059,000 after buying an additional 18,314 shares in the last quarter. Raymond James Financial Inc. acquired a new position in JPMorgan Realty Income ETF during the fourth quarter valued at approximately $230,000. Independence Asset Advisors LLC acquired a new position in JPMorgan Realty Income ETF during the first quarter valued at approximately $387,000. Finally, Envestnet Asset Management Inc. lifted its position in JPMorgan Realty Income ETF by 15.0% during the first quarter. Envestnet Asset Management Inc. now owns 22,191 shares of the company’s stock valued at $1,070,000 after buying an additional 2,889 shares in the last quarter.

JPMorgan Realty Income ETF Stock Up 0.3%

Shares of JPRE stock opened at $47.29 on Friday. The stock has a market cap of $457.44 million, a price-to-earnings ratio of 41.80 and a beta of 1.40. JPMorgan Realty Income ETF has a fifty-two week low of $41.26 and a fifty-two week high of $52.03. The firm’s 50 day moving average price is $47.95 and its two-hundred day moving average price is $47.64.

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.