Assetmark Inc. Sells 44,215 Shares of JPMorgan Realty Income ETF $JPRE

Assetmark Inc. cut its position in shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 96.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,834 shares of the company’s stock after selling 44,215 shares during the quarter. Assetmark Inc.’s holdings in JPMorgan Realty Income ETF were worth $88,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Anderson Financial Strategies LLC raised its holdings in JPMorgan Realty Income ETF by 12.6% in the 3rd quarter. Anderson Financial Strategies LLC now owns 151,272 shares of the company’s stock valued at $7,250,000 after acquiring an additional 16,965 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Realty Income ETF by 2.2% during the third quarter. Envestnet Asset Management Inc. now owns 22,836 shares of the company’s stock valued at $1,095,000 after purchasing an additional 483 shares during the period. Spire Wealth Management bought a new stake in shares of JPMorgan Realty Income ETF during the third quarter valued at approximately $29,000. Milestone Asset Management Group LLC raised its stake in shares of JPMorgan Realty Income ETF by 6.9% in the third quarter. Milestone Asset Management Group LLC now owns 9,633 shares of the company’s stock valued at $462,000 after purchasing an additional 619 shares in the last quarter. Finally, Silver Oak Securities Incorporated lifted its position in JPMorgan Realty Income ETF by 47.1% in the third quarter. Silver Oak Securities Incorporated now owns 19,244 shares of the company’s stock worth $922,000 after purchasing an additional 6,161 shares during the period.

JPMorgan Realty Income ETF Price Performance

JPRE opened at $50.84 on Wednesday. The company has a market capitalization of $500.77 million, a P/E ratio of 41.80 and a beta of 0.85. The firm’s fifty day moving average price is $48.07 and its two-hundred day moving average price is $47.74. JPMorgan Realty Income ETF has a fifty-two week low of $41.26 and a fifty-two week high of $51.42.

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.