Short Interest in JPMorgan Realty Income ETF (NYSEARCA:JPRE) Decreases By 29.0%

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its holdings in JPMorgan Realty Income ETF by 12.1% during the 2nd quarter. Cetera Investment Advisers now owns 46,687 shares of the company’s stock worth $2,224,000 after acquiring an additional 5,040 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of JPMorgan Realty Income ETF by 8.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,489 shares of the company’s stock worth $166,000 after purchasing an additional 260 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of JPMorgan Realty Income ETF by 119.5% during the 2nd quarter. Raymond James Financial Inc. now owns 126,148 shares of the company’s stock worth $6,010,000 after purchasing an additional 68,686 shares during the last quarter. Orion Porfolio Solutions LLC acquired a new position in shares of JPMorgan Realty Income ETF during the second quarter worth $313,000. Finally, Osaic Holdings Inc. grew its stake in shares of JPMorgan Realty Income ETF by 153.9% during the second quarter. Osaic Holdings Inc. now owns 11,189 shares of the company’s stock worth $536,000 after purchasing an additional 6,782 shares in the last quarter.

JPMorgan Realty Income ETF Stock Performance

JPRE stock traded down $0.26 during mid-day trading on Friday, reaching $47.29. The company had a trading volume of 13,684 shares, compared to its average volume of 40,929. The firm has a fifty day simple moving average of $49.28 and a 200 day simple moving average of $48.07. The company has a market capitalization of $465.81 million, a price-to-earnings ratio of 41.80 and a beta of 0.85. JPMorgan Realty Income ETF has a fifty-two week low of $41.26 and a fifty-two week high of $51.46.

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.