JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Sees Large Decrease in Short Interest
by Kim Johansen · The Markets DailyJPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA – Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 11,554 shares, a decrease of 55.7% from the September 30th total of 26,079 shares. Based on an average trading volume of 114,209 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.
JPMorgan U.S. Research Enhanced Large Cap ETF Trading Down 1.7%
NYSEARCA JUSA traded down $1.20 during trading hours on Friday, hitting $67.79. The company’s stock had a trading volume of 48,060 shares, compared to its average volume of 76,161. JPMorgan U.S. Research Enhanced Large Cap ETF has a 52 week low of $57.20 and a 52 week high of $70.37. The company has a market capitalization of $737.56 million, a PE ratio of 26.08 and a beta of 0.97. The company’s 50-day simple moving average is $68.94 and its two-hundred day simple moving average is $65.65.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. purchased a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the second quarter valued at approximately $60,513,000. WealthPlan Investment Management LLC bought a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF during the third quarter worth $33,770,000. Park Avenue Securities LLC bought a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF during the third quarter worth $10,877,000. WealthPLAN Partners LLC purchased a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF in the 3rd quarter valued at $5,834,000. Finally, Fermata Advisors LLC purchased a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF in the 3rd quarter valued at $2,422,000.
JPMorgan U.S. Research Enhanced Large Cap ETF Company Profile
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.
See Also
- Five stocks we like better than JPMorgan U.S. Research Enhanced Large Cap ETF
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped