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

JPMorgan Realty Income ETF (NYSEARCA:JPRE) was the target of 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 shares of the company are sold short. Based on an average trading volume of 20,967 shares, the short-interest ratio is currently 1.8 days.

Hedge Funds Weigh In On JPMorgan Realty Income ETF

A number of institutional investors have recently modified their holdings of JPRE. Northwestern Mutual Wealth Management Co. boosted its stake in shares of 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 buying an additional 260 shares during the last quarter. Raymond James Financial Inc. grew its holdings in JPMorgan Realty Income ETF by 119.5% during 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 JPMorgan Realty Income ETF during the second quarter valued at approximately $313,000. Osaic Holdings Inc. raised its position in JPMorgan Realty Income ETF by 153.9% during the second quarter. Osaic Holdings Inc. now owns 11,189 shares of the company’s stock valued at $536,000 after acquiring an additional 6,782 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in JPMorgan Realty Income ETF by 2.2% in the third quarter. Envestnet Asset Management Inc. now owns 22,836 shares of the company’s stock valued at $1,095,000 after acquiring an additional 483 shares during the period.

JPMorgan Realty Income ETF Stock Performance

Shares of JPMorgan Realty Income ETF stock traded down $0.30 during trading on Monday, hitting $53.16. 12,984 shares of the company’s stock were exchanged, compared to its average volume of 31,842. The business has a 50-day simple moving average of $51.94 and a 200-day simple moving average of $49.76. JPMorgan Realty Income ETF has a 52-week low of $46.24 and a 52-week high of $53.49. The stock has a market capitalization of $497.05 million, a price-to-earnings ratio of 41.80 and a beta of 0.81.

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.