Swisher Financial Concepts Inc. trimmed its holdings in shares of JPMorgan Realty Income ETF (NYSEARCA:JPRE – Free Report) by 42.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,884 shares of the company’s stock after selling 13,663 shares during the period. JPMorgan Realty Income ETF comprises 1.1% of Swisher Financial Concepts Inc.’s holdings, making the stock its 21st largest position. Swisher Financial Concepts Inc. owned approximately 0.24% of JPMorgan Realty Income ETF worth $893,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Geneos Wealth Management Inc. bought a new position in shares of JPMorgan Realty Income ETF in the 4th quarter valued at about $41,000. PNC Financial Services Group Inc. lifted its stake in JPMorgan Realty Income ETF by 38.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,461 shares of the company’s stock valued at $69,000 after purchasing an additional 404 shares during the last quarter. Raymond James Financial Inc. bought a new position in JPMorgan Realty Income ETF during the fourth quarter worth about $230,000. MML Investors Services LLC increased its position in JPMorgan Realty Income ETF by 17.4% during the third quarter. MML Investors Services LLC now owns 5,369 shares of the company’s stock worth $273,000 after buying an additional 795 shares during the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in shares of JPMorgan Realty Income ETF in the fourth quarter valued at approximately $315,000.
JPMorgan Realty Income ETF Trading Down 3.1 %
JPRE stock opened at $43.96 on Tuesday. JPMorgan Realty Income ETF has a 1-year low of $40.36 and a 1-year high of $52.03. The business’s 50 day simple moving average is $48.09 and its 200 day simple moving average is $48.83. The firm has a market capitalization of $375.86 million, a PE ratio of 34.64 and a beta of 1.10.
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.
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