JPMorgan Realty Income ETF (NYSEARCA:JPRE) Short Interest Update

JPMorgan Realty Income ETF (NYSEARCA:JPRE) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 26,363 shares, a drop of 29.0% from the February 26th total of 37,134 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 22,098 shares, the short-interest ratio is currently 1.2 days.

JPMorgan Realty Income ETF Price Performance

Shares of JPRE traded up $0.15 during trading hours on Monday, hitting $47.44. The stock had a trading volume of 22,214 shares, compared to its average volume of 40,615. The firm has a market capitalization of $467.28 million, a PE ratio of 41.80 and a beta of 0.85. JPMorgan Realty Income ETF has a 12 month low of $41.26 and a 12 month high of $51.46. The stock has a fifty day moving average price of $49.25 and a 200 day moving average price of $48.07.

Institutional Investors Weigh In On JPMorgan Realty Income ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Cetera Investment Advisers lifted its stake in shares of JPMorgan Realty Income ETF by 12.1% in the 2nd quarter. Cetera Investment Advisers now owns 46,687 shares of the company’s stock worth $2,224,000 after purchasing an additional 5,040 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in 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 worth $166,000 after acquiring an additional 260 shares during the period. Raymond James Financial Inc. raised its position in JPMorgan Realty Income ETF by 119.5% in the second quarter. Raymond James Financial Inc. now owns 126,148 shares of the company’s stock worth $6,010,000 after acquiring an additional 68,686 shares during the period. Orion Porfolio Solutions LLC purchased a new position in shares of JPMorgan Realty Income ETF during the 2nd quarter worth $313,000. Finally, Osaic Holdings Inc. boosted its stake in shares of JPMorgan Realty Income ETF by 153.9% during the 2nd quarter. Osaic Holdings Inc. now owns 11,189 shares of the company’s stock worth $536,000 after acquiring an additional 6,782 shares during the last quarter.

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.