Janus Henderson U.S. Real Estate ETF (NYSEARCA:JRE) Shares Down 1.7% – Here’s What Happened

Shares of Janus Henderson U.S. Real Estate ETF (NYSEARCA:JRE) traded down 1.7% during trading on Thursday . The company traded as low as $25.02 and last traded at $25.15. 648 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 5,236 shares. The stock had previously closed at $25.58.

Janus Henderson U.S. Real Estate ETF Stock Performance

The firm has a market capitalization of $3.72 million, a price-to-earnings ratio of 23.01 and a beta of 0.95. The company has a 50-day moving average of $25.57 and a 200-day moving average of $23.49.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Janus Henderson U.S. Real Estate ETF stock. Commonwealth Equity Services LLC bought a new stake in Janus Henderson U.S. Real Estate ETF (NYSEARCA:JRE) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 30,159 shares of the company’s stock, valued at approximately $676,000. Commonwealth Equity Services LLC owned about 20.11% of Janus Henderson U.S. Real Estate ETF as of its most recent SEC filing.

About Janus Henderson U.S. Real Estate ETF

The Janus Henderson U.S. Real Estate ETF (JRE) is an exchange-traded fund that mostly invests in real estate equity. The fund is an actively managed fund of real-estate and real estate-related companies in the United States. JRE was launched on Jun 22, 2021 and is managed by Janus Henderson.