Synergy Asset Management LLC Invests $315,000 in JPMorgan Realty Income ETF (NYSEARCA:JPRE)

Synergy Asset Management LLC bought a new stake in JPMorgan Realty Income ETF (NYSEARCA:JPRE) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,652 shares of the company’s stock, valued at approximately $315,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new position in JPMorgan Realty Income ETF in the 4th quarter valued at about $41,000. Mattson Financial Services LLC acquired a new position in shares of JPMorgan Realty Income ETF in the second quarter valued at approximately $48,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of JPMorgan Realty Income ETF by 79.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,755 shares of the company’s stock worth $77,000 after purchasing an additional 779 shares during the last quarter. Hengehold Capital Management LLC acquired a new stake in shares of JPMorgan Realty Income ETF during the third quarter worth $227,000. Finally, MML Investors Services LLC lifted its holdings in shares of 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 purchasing an additional 795 shares during the period.

JPMorgan Realty Income ETF Stock Performance

Shares of JPRE opened at $47.43 on Friday. The stock has a market capitalization of $368.53 million, a P/E ratio of 28.12 and a beta of 0.93. JPMorgan Realty Income ETF has a 1 year low of $40.36 and a 1 year high of $52.03. The company’s fifty day moving average is $48.19 and its two-hundred day moving average is $48.96.

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.