JPMorgan Realty Income ETF (NYSEARCA:JPRE) Sees Significant Growth in Short Interest

JPMorgan Realty Income ETF (NYSEARCA:JPRE) saw a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 37,134 shares, an increase of 64.6% from the February 12th total of 22,556 shares. Based on an average trading volume of 53,030 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 53,030 shares, the short-interest ratio is currently 0.7 days.

JPMorgan Realty Income ETF Stock Up 0.2%

Shares of JPMorgan Realty Income ETF stock traded up $0.08 on Friday, hitting $49.53. The stock had a trading volume of 112,552 shares, compared to its average volume of 45,428. The stock has a market cap of $487.87 million, a price-to-earnings ratio of 41.80 and a beta of 0.85. JPMorgan Realty Income ETF has a twelve month low of $41.26 and a twelve month high of $51.46. The business’s 50 day moving average is $49.00 and its two-hundred day moving average is $48.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Spire Wealth Management acquired a new stake in JPMorgan Realty Income ETF during the third quarter worth about $29,000. Kestra Advisory Services LLC acquired a new position in shares of JPMorgan Realty Income ETF in the 4th quarter valued at approximately $45,000. Northwestern Mutual Wealth Management Co. raised its position in shares of JPMorgan Realty Income ETF by 8.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,489 shares of the company’s stock valued at $166,000 after buying an additional 260 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of JPMorgan Realty Income ETF by 228.8% during the 2nd quarter. Bank of Montreal Can now owns 4,314 shares of the company’s stock worth $206,000 after acquiring an additional 3,002 shares during the period. Finally, Axxcess Wealth Management LLC bought a new stake in shares of JPMorgan Realty Income ETF during the 4th quarter worth approximately $202,000.

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.