First Foundation Advisors Acquires 18,314 Shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE)

First Foundation Advisors boosted its holdings in shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE) by 16.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 128,155 shares of the company’s stock after purchasing an additional 18,314 shares during the quarter. First Foundation Advisors owned about 1.65% of JPMorgan Realty Income ETF worth $6,059,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JPRE. Raymond James Financial Inc. purchased a new position in JPMorgan Realty Income ETF during the 4th quarter valued at approximately $230,000. Envestnet Asset Management Inc. grew its holdings in JPMorgan Realty Income ETF by 175.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 19,302 shares of the company’s stock valued at $913,000 after buying an additional 12,299 shares in the last quarter. Oarsman Capital Inc. grew its holdings in JPMorgan Realty Income ETF by 10,246.2% during the 4th quarter. Oarsman Capital Inc. now owns 36,729 shares of the company’s stock valued at $1,737,000 after buying an additional 36,374 shares in the last quarter. OLD Mission Capital LLC purchased a new position in JPMorgan Realty Income ETF during the 4th quarter valued at approximately $1,172,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Realty Income ETF by 6.1% in the 4th quarter. JPMorgan Chase & Co. now owns 5,759,188 shares of the company’s stock worth $272,294,000 after purchasing an additional 330,231 shares during the period.

JPMorgan Realty Income ETF Stock Performance

Shares of JPMorgan Realty Income ETF stock opened at $45.03 on Thursday. The stock has a market cap of $384.97 million, a price-to-earnings ratio of 34.64 and a beta of 1.10. The stock has a 50 day moving average price of $47.83 and a 200-day moving average price of $48.66. JPMorgan Realty Income ETF has a one year low of $40.36 and a one year high of $52.03.

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.