Plus Group Wealth Advisors LLC Acquires New Position in JPMorgan Realty Income ETF $JPRE

Plus Group Wealth Advisors LLC acquired a new stake in JPMorgan Realty Income ETF (NYSEARCA:JPRE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,119 shares of the company’s stock, valued at approximately $519,000. JPMorgan Realty Income ETF accounts for about 0.6% of Plus Group Wealth Advisors LLC’s investment portfolio, making the stock its 24th biggest position. Plus Group Wealth Advisors LLC owned about 0.11% of JPMorgan Realty Income ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of JPRE. Northwestern Mutual Wealth Management Co. grew its holdings in shares of JPMorgan Realty Income ETF by 8.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,489 shares of the company’s stock valued at $166,000 after purchasing an additional 260 shares during the period. Stratos Wealth Partners LTD. purchased a new stake in shares of JPMorgan Realty Income ETF in the fourth quarter valued at about $271,000. Orion Porfolio Solutions LLC purchased a new stake in shares of JPMorgan Realty Income ETF in the second quarter valued at about $313,000. Osaic Holdings Inc. grew its holdings in shares of JPMorgan Realty Income ETF by 153.9% in the second quarter. Osaic Holdings Inc. now owns 11,189 shares of the company’s stock valued at $536,000 after purchasing an additional 6,782 shares during the period. Finally, Independence Asset Advisors LLC grew its holdings in shares of JPMorgan Realty Income ETF by 23.4% in the fourth quarter. Independence Asset Advisors LLC now owns 14,483 shares of the company’s stock valued at $677,000 after purchasing an additional 2,749 shares during the period.

JPMorgan Realty Income ETF Trading Down 1.5%

Shares of JPRE opened at $50.90 on Friday. JPMorgan Realty Income ETF has a 12-month low of $46.24 and a 12-month high of $52.45. The firm has a 50-day moving average price of $50.18 and a 200 day moving average price of $48.76. The firm has a market capitalization of $475.92 million, a P/E ratio of 41.80 and a beta of 0.83.

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.