JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Sees Significant Decline in Short Interest

by · The Cerbat Gem

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA – Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 11,554 shares, a decline of 55.7% from the September 30th total of 26,079 shares. Based on an average daily trading volume, of 114,209 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of JPMorgan U.S. Research Enhanced Large Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Capital Analysts LLC bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF in the second quarter valued at approximately $85,000. MGO One Seven LLC acquired a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the 3rd quarter worth approximately $249,000. Prime Capital Investment Advisors LLC bought a new stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the 3rd quarter worth approximately $257,000. Emergent Wealth Advisors LLC bought a new stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the 3rd quarter worth approximately $384,000. Finally, Ascent Group LLC raised its stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF by 41.0% during the 3rd quarter. Ascent Group LLC now owns 6,872 shares of the company’s stock worth $471,000 after purchasing an additional 1,998 shares in the last quarter.

JPMorgan U.S. Research Enhanced Large Cap ETF Trading Down 1.7%

Shares of JPMorgan U.S. Research Enhanced Large Cap ETF stock traded down $1.20 during trading hours on Friday, reaching $67.79. 48,060 shares of the company’s stock were exchanged, compared to its average volume of 76,161. The company has a 50 day moving average of $68.92 and a two-hundred day moving average of $65.67. JPMorgan U.S. Research Enhanced Large Cap ETF has a fifty-two week low of $57.20 and a fifty-two week high of $70.37. The stock has a market cap of $744.33 million, a P/E ratio of 26.08 and a beta of 0.97.

JPMorgan U.S. Research Enhanced Large Cap ETF Company Profile

(Get Free Report)

The JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap equities using a top-down and bottom-up approach in seeking to provide long-term capital appreciation. JUSA was launched on Jul 7, 2021 and is managed by JPMorgan Chase.

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