Northwestern Mutual Wealth Management Co. Increases Stake in JPMorgan Realty Income ETF

On October 13, 2024, it was reported that Northwestern Mutual Wealth Management Co. has significantly increased its investment position in the JPMorgan Realty Income ETF (NYSEARCA:JPRE). This move involved a remarkable increase of 79.8% in their holdings during the second quarter of the year, as detailed in their most recent Form 13F filing submitted to the Securities and Exchange Commission (SEC).

Following this increase, Northwestern Mutual now holds 1,755 shares of the JPMorgan Realty Income ETF, having purchased an additional 779 shares during the second quarter. At the time of the latest filing, the total value of Northwestern Mutual’s holdings in JPRE was approximately $77,000.

Moreover, other large investors have also made notable adjustments to their positions in JPRE. For instance, Gradient Investments LLC initiated a new stake in the JPMorgan Realty Income ETF during the second quarter, with a valuation of around $6,287,000. First Foundation Advisors made a dramatic increase by boosting their stake by 1,415.1% during the same period. They ended up owning 91,436 shares of the ETF after purchasing an additional 85,401 shares, with a total valuation reaching about $4,032,000. Additionally, Cetera Investment Advisers raised their holdings by 195.7% during the first quarter, now owning 67,100 shares valued at approximately $2,942,000 after acquiring an extra 44,410 shares in the last quarter.

Performance of JPMorgan Realty Income ETF

On October 13, 2024, JPMorgan Realty Income ETF’s stock opened at $49.72. It boasts a market capitalization of $386.34 million and has a price-to-earnings (P/E) ratio of 28.12, along with a beta value of 0.93. The ETF has seen a 52-week low of $37.08 and a 52-week high of $52.03. Notably, the stock's 50-day moving average is $49.67 while the 200-day moving average stands at $45.74.

About JPMorgan Realty Income ETF

The JPMorgan Realty Income ETF (JPRE) is an exchange-traded fund that primarily focuses on investments in real estate equities. It actively invests in U.S. equity real estate investment trusts (REITs) and mortgage REITs, targeting those that are perceived to possess strong financial foundations, stable operating revenues, and promising growth prospects. Launched on May 20, 2022, the fund is managed by JPMorgan Chase.

Investment, ETF, Holdings