JPMorgan Realty Income ETF (NYSEARCA:JPRE) Short Interest Up 176.3% in June

JPMorgan Realty Income ETF (NYSEARCA:JPRE) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 37,549 shares, a growth of 176.3% from the May 31st total of 13,589 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 20,967 shares, the days-to-cover ratio is currently 1.8 days.

JPMorgan Realty Income ETF Stock Performance

JPRE stock traded down $0.52 during midday trading on Tuesday, reaching $52.64. The company’s stock had a trading volume of 2,952 shares, compared to its average volume of 31,605. The stock has a fifty day simple moving average of $51.98 and a two-hundred day simple moving average of $49.80. JPMorgan Realty Income ETF has a 1 year low of $46.24 and a 1 year high of $53.49. The firm has a market capitalization of $492.18 million, a price-to-earnings ratio of 41.80 and a beta of 0.81.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. boosted its position in JPMorgan Realty Income ETF by 26.9% in the 3rd quarter. Raymond James Financial Inc. now owns 160,068 shares of the company’s stock valued at $7,672,000 after buying an additional 33,920 shares during the period. Anderson Financial Strategies LLC increased its position in shares of JPMorgan Realty Income ETF by 3.2% during the fourth quarter. Anderson Financial Strategies LLC now owns 156,044 shares of the company’s stock worth $7,289,000 after acquiring an additional 4,772 shares during the period. Eclectic Associates Inc. ADV raised its stake in shares of JPMorgan Realty Income ETF by 25.3% during the fourth quarter. Eclectic Associates Inc. ADV now owns 131,821 shares of the company’s stock valued at $6,157,000 after acquiring an additional 26,596 shares in the last quarter. Beta Wealth Group Inc. raised its stake in shares of JPMorgan Realty Income ETF by 3.7% during the first 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 in the last quarter. Finally, Oarsman Capital Inc. boosted its holdings in shares of JPMorgan Realty Income ETF by 15.4% in the fourth quarter. Oarsman Capital Inc. now owns 90,369 shares of the company’s stock valued at $4,221,000 after purchasing an additional 12,028 shares during the period.

About JPMorgan Realty Income ETF

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.