JPMorgan Realty Income ETF (NYSEARCA:JPRE) Shares Purchased by First Foundation Advisors

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

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Realty Income ETF by 6.1% during the 4th quarter. JPMorgan Chase & Co. now owns 5,759,188 shares of the company’s stock worth $272,294,000 after acquiring an additional 330,231 shares in the last quarter. Oarsman Capital Inc. grew its stake in shares of JPMorgan Realty Income ETF by 10,246.2% in the 4th quarter. Oarsman Capital Inc. now owns 36,729 shares of the company’s stock valued at $1,737,000 after purchasing an additional 36,374 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of JPMorgan Realty Income ETF in the 4th quarter valued at approximately $1,172,000. Eclectic Associates Inc. ADV boosted its stake in shares of JPMorgan Realty Income ETF by 202.3% in the fourth quarter. Eclectic Associates Inc. ADV now owns 21,869 shares of the company’s stock valued at $1,034,000 after buying an additional 14,634 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Realty Income ETF by 175.6% in the fourth 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.

JPMorgan Realty Income ETF Stock Performance

Shares of JPRE stock opened at $45.03 on Thursday. JPMorgan Realty Income ETF has a 1 year low of $40.36 and a 1 year high of $52.03. The stock has a market cap of $384.97 million, a PE ratio of 34.64 and a beta of 1.10. The stock has a fifty day moving average price of $47.83 and a 200 day moving average price of $48.66.

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.