JPMorgan Realty Income ETF (JPRE)
JPMorgan Realty Income ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $52.72, up 1.33% on the session, giving a market capitalisation of $473.9M. Its beta of 0.84 implies it has historically moved less than the broad market.
The fund aims to achieve its investment goals by primarily allocating its capital, under normal market conditions, with at least 80% of its net assets (including any funds borrowed for investment purposes) placed into the equity shares of real estate investment trusts (REITs). This strategy covers REITs across various market capitalizations, including those with smaller market values. The portfolio has the flexibility to hold both equity-focused REITs and mortgage-backed REITs. Notably, this fund is structured as a non-diversified investment vehicle.
JPMorgan Realty Income ETF is most often compared with the following Financial Services names: