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

JPMorgan Realty Income ETF (NYSEARCA:JPRE) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 14,266 shares, a growth of 33.6% from the December 15th total of 10,676 shares. Based on an average trading volume of 26,725 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 26,725 shares, the days-to-cover ratio is presently 0.5 days.

JPMorgan Realty Income ETF Stock Performance

Shares of NYSEARCA:JPRE traded up $0.60 on Friday, hitting $48.74. The stock had a trading volume of 14,724 shares, compared to its average volume of 19,329. The firm’s 50 day moving average price is $47.21 and its 200-day moving average price is $47.53. JPMorgan Realty Income ETF has a twelve month low of $41.26 and a twelve month high of $50.19. The company has a market capitalization of $434.76 million, a price-to-earnings ratio of 41.80 and a beta of 0.85.

Institutional Trading of JPMorgan Realty Income ETF

Hedge funds have recently modified their holdings of the company. Spire Wealth Management acquired a new stake in shares of JPMorgan Realty Income ETF in the 3rd quarter valued at $29,000. Northwestern Mutual Wealth Management Co. boosted its holdings 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 valued at $166,000 after acquiring an additional 260 shares during the last quarter. Bank of Montreal Can increased its position in JPMorgan Realty Income ETF by 228.8% in the second quarter. Bank of Montreal Can now owns 4,314 shares of the company’s stock worth $206,000 after purchasing an additional 3,002 shares during the period. Orion Porfolio Solutions LLC acquired a new stake in JPMorgan Realty Income ETF in the second quarter worth about $313,000. Finally, Whipplewood Advisors LLC raised its holdings in JPMorgan Realty Income ETF by 138.6% during the 2nd quarter. Whipplewood Advisors LLC now owns 8,191 shares of the company’s stock worth $390,000 after purchasing an additional 4,758 shares during the last quarter.

JPMorgan Realty Income ETF Company Profile

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.