Cetera Investment Advisers Raises Stake in JPMorgan Realty Income ETF $JPRE

Cetera Investment Advisers boosted its stake in JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 12.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,687 shares of the company’s stock after purchasing an additional 5,040 shares during the quarter. Cetera Investment Advisers owned approximately 0.48% of JPMorgan Realty Income ETF worth $2,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of JPMorgan Realty Income ETF by 43.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,229 shares of the company’s stock valued at $156,000 after acquiring an additional 979 shares during the period. Bank of Montreal Can grew its stake in JPMorgan Realty Income ETF by 228.8% during the second quarter. Bank of Montreal Can now owns 4,314 shares of the company’s stock valued at $206,000 after acquiring an additional 3,002 shares in the last quarter. Whipplewood Advisors LLC lifted its stake in JPMorgan Realty Income ETF by 138.6% in the 2nd quarter. Whipplewood Advisors LLC now owns 8,191 shares of the company’s stock worth $390,000 after purchasing an additional 4,758 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in JPMorgan Realty Income ETF in the 1st quarter worth approximately $427,000. Finally, Independence Asset Advisors LLC boosted its holdings in JPMorgan Realty Income ETF by 50.6% in the 2nd quarter. Independence Asset Advisors LLC now owns 12,103 shares of the company’s stock valued at $577,000 after purchasing an additional 4,065 shares during the period.

JPMorgan Realty Income ETF Price Performance

JPRE opened at $48.25 on Friday. The company has a fifty day moving average price of $47.58 and a 200-day moving average price of $47.70. The firm has a market capitalization of $475.26 million, a P/E ratio of 41.80 and a beta of 0.85. JPMorgan Realty Income ETF has a one year low of $41.26 and a one year high of $51.84.

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.