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

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

JPMorgan Realty Income ETF Trading Up 0.2%

Shares of JPRE traded up $0.08 during trading hours on Friday, reaching $49.53. The company had a trading volume of 112,552 shares, compared to its average volume of 45,428. The firm has a 50 day simple moving average of $49.06 and a 200-day simple moving average of $48.03. The company has a market capitalization of $487.87 million, a price-to-earnings 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.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Anderson Financial Strategies LLC boosted its stake in shares of JPMorgan Realty Income ETF by 3.2% during the 4th 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 in the last quarter. Axxcess Wealth Management LLC purchased a new position in JPMorgan Realty Income ETF in the 4th quarter valued at approximately $202,000. Osaic Holdings Inc. raised its holdings in JPMorgan Realty Income ETF by 15.3% during the fourth quarter. Osaic Holdings Inc. now owns 6,997 shares of the company’s stock worth $327,000 after purchasing an additional 926 shares during the last quarter. Oarsman Capital Inc. raised its holdings in JPMorgan Realty Income ETF by 15.4% during the fourth quarter. Oarsman Capital Inc. now owns 90,369 shares of the company’s stock worth $4,221,000 after purchasing an additional 12,028 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in JPMorgan Realty Income ETF by 22.1% during the fourth quarter. MML Investors Services LLC now owns 9,823 shares of the company’s stock worth $459,000 after purchasing an additional 1,779 shares in 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.