JPMorgan Realty Income ETF (NYSEARCA:JPRE) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

JPMorgan Realty Income ETF (NYSEARCA:JPRE) crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $51.02 and traded as high as $51.36. JPMorgan Realty Income ETF shares last traded at $51.26, with a volume of 14,522 shares traded.

JPMorgan Realty Income ETF Trading Down 0.7%

The company’s 50 day simple moving average is $51.09 and its 200 day simple moving average is $51.06. The stock has a market capitalization of $462.72 million, a PE ratio of 41.80 and a beta of 0.80.

Hedge Funds Weigh In On JPMorgan Realty Income ETF

Several institutional investors have recently added to or reduced their stakes in JPRE. Eclectic Associates Inc. ADV acquired a new stake in JPMorgan Realty Income ETF in the 3rd quarter worth about $11,002,000. Beta Wealth Group Inc. increased its stake in shares of JPMorgan Realty Income ETF by 3.7% during the 1st quarter. Beta Wealth Group Inc. now owns 120,973 shares of the company’s stock valued at $5,815,000 after acquiring an additional 4,326 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of JPMorgan Realty Income ETF by 6.4% during the 1st quarter. Cetera Investment Advisers now owns 55,979 shares of the company’s stock worth $2,691,000 after acquiring an additional 3,379 shares during the period. Bill Few Associates Inc. lifted its holdings in shares of JPMorgan Realty Income ETF by 2.0% during the 3rd quarter. Bill Few Associates Inc. now owns 17,187 shares of the company’s stock worth $849,000 after acquiring an additional 336 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of JPMorgan Realty Income ETF by 2.9% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 13,847 shares of the company’s stock worth $723,000 after acquiring an additional 387 shares during the period.

JPMorgan Realty Income ETF Company 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.