JPMorgan Realty Income ETF (NYSEARCA:JPRE) Trading Down 0.5% – Time to Sell?

JPMorgan Realty Income ETF (NYSEARCA:JPRE) fell 0.5% on Monday . The company traded as low as $53.72 and last traded at $53.80. 4,749 shares were traded during mid-day trading, a decline of 85% from the average session volume of 31,413 shares. The stock had previously closed at $54.09.

JPMorgan Realty Income ETF Trading Down 0.5%

The firm has a fifty day simple moving average of $52.42 and a two-hundred day simple moving average of $50.47. The stock has a market cap of $493.35 million, a PE ratio of 41.80 and a beta of 0.81.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC bought a new stake in JPMorgan Realty Income ETF during the fourth quarter valued at approximately $45,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of JPMorgan Realty Income ETF by 8.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,489 shares of the company’s stock worth $166,000 after buying an additional 260 shares during the last quarter. Focus Financial Network Inc. bought a new position in shares of JPMorgan Realty Income ETF in the 2nd quarter worth $225,000. Axxcess Wealth Management LLC purchased a new stake in shares of JPMorgan Realty Income ETF during the 4th quarter valued at $202,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of JPMorgan Realty Income ETF during the 4th quarter valued at $271,000.

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.