Janus Henderson U.S. Real Estate ETF (NYSEARCA:JRE) Share Price Decline – Trading Update
Janus Henderson U.S. Real Estate ETF (NYSEARCA:JRE) experienced a slight dip in share price during trading on Thursday, with a 0.2% decrease. The stock traded as low as $20.52 before closing at $20.57, with a total of 26 shares changing hands. This marks a significant decline of 98% from the average daily volume of 1,568 shares.
Despite this drop, the stock still maintains a strong performance with a fifty day moving average of $21.98 and a 200 day moving average of $21.57. With a market capitalization of $2.67 million, a P/E ratio of 23.64, and a beta of 0.92, Janus Henderson U.S. Real Estate ETF remains a competitive player in the market.
Institutional trading of the ETF has also shown positive activity, with hedge funds like UBS Group AG, Cambridge Investment Research Advisors Inc., Citadel Advisors LLC, and Advisory Resource Group all making notable investments in the company.
The Janus Henderson U.S. Real Estate ETF is an actively managed fund that primarily invests in real estate equity and real estate-related companies in the United States. Managed by Janus Henderson, JRE has been a strong performer since its launch in June 2021.
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