JPMorgan Realty Income ETF (NYSEARCA:JPRE – Get Free Report) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 7,989 shares, a drop of 68.7% from the September 15th total of 25,557 shares. Based on an average daily volume of 20,741 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.
JPMorgan Realty Income ETF Price Performance
Shares of JPMorgan Realty Income ETF stock traded down $0.16 during trading on Tuesday, hitting $50.21. 23,534 shares of the stock were exchanged, compared to its average volume of 27,113. The stock has a market cap of $461.93 million, a price-to-earnings ratio of 41.80 and a beta of 0.80. The firm’s 50-day moving average price is $51.63 and its 200 day moving average price is $51.83. JPMorgan Realty Income ETF has a 12-month low of $46.24 and a 12-month high of $55.23.
Institutional Trading of JPMorgan Realty Income ETF
Institutional investors have recently bought and sold shares of the business. Bill Few Associates Inc. raised its holdings in JPMorgan Realty Income ETF by 2.0% during the third quarter. Bill Few Associates Inc. now owns 17,187 shares of the company’s stock worth $849,000 after purchasing an additional 336 shares in the last quarter. Eclectic Associates Inc. ADV purchased a new stake in shares of JPMorgan Realty Income ETF during the 3rd quarter worth approximately $11,002,000. Capital Analysts LLC boosted its holdings in shares of JPMorgan Realty Income ETF by 65.2% in the 2nd quarter. Capital Analysts LLC now owns 9,823 shares of the company’s stock valued at $512,000 after buying an additional 3,876 shares in the last quarter. MOR Wealth Management LLC acquired a new position in shares of JPMorgan Realty Income ETF in the 2nd quarter valued at $208,000. Finally, Wealthcare Advisory Partners LLC boosted its holdings in shares of JPMorgan Realty Income ETF by 2.9% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 13,847 shares of the company’s stock valued at $723,000 after buying an additional 387 shares in 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.
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