Short Interest in JPMorgan Realty Income ETF (NYSEARCA:JPRE) Declines By 21.0%

JPMorgan Realty Income ETF (NYSEARCA:JPRE) was the recipient of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 20,839 shares, a decrease of 21.0% from the March 15th total of 26,363 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 26,093 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Realty Income ETF by 3.9% during the third quarter. JPMorgan Chase & Co. now owns 6,220,324 shares of the company’s stock valued at $298,140,000 after buying an additional 235,460 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of JPMorgan Realty Income ETF by 26.9% during the third quarter. Raymond James Financial Inc. now owns 160,068 shares of the company’s stock valued at $7,672,000 after buying an additional 33,920 shares during the last quarter. Anderson Financial Strategies LLC grew its stake in shares of JPMorgan Realty Income ETF by 3.2% during the fourth quarter. Anderson Financial Strategies LLC now owns 156,044 shares of the company’s stock valued at $7,289,000 after buying an additional 4,772 shares during the last quarter. Eclectic Associates Inc. ADV grew its stake in shares of JPMorgan Realty Income ETF by 25.3% during the fourth quarter. Eclectic Associates Inc. ADV now owns 131,821 shares of the company’s stock valued at $6,157,000 after buying an additional 26,596 shares during the last quarter. Finally, Beta Wealth Group Inc. grew its stake in shares of JPMorgan Realty Income ETF by 6.7% during the third quarter. Beta Wealth Group Inc. now owns 116,507 shares of the company’s stock valued at $5,584,000 after buying an additional 7,289 shares during the last quarter.

JPMorgan Realty Income ETF Trading Up 0.9%

Shares of JPMorgan Realty Income ETF stock traded up $0.44 during trading on Thursday, hitting $51.31. The stock had a trading volume of 16,526 shares, compared to its average volume of 37,542. The firm has a market cap of $479.75 million, a price-to-earnings ratio of 41.80 and a beta of 0.83. JPMorgan Realty Income ETF has a 12 month low of $45.09 and a 12 month high of $51.46. The business’s 50-day moving average is $49.71 and its 200 day moving average is $48.21.

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.