JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Stock Short Interest Falls 36.4%

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 15,408 shares, a decline of 36.4% from the August 31st total of 24,238 shares. Based on an average trading volume of 63,153 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

JPMorgan U.S. Research Enhanced Large Cap ETF Stock Up 0.8%

JUSA stock opened at $69.10 on Friday. The stock’s 50 day moving average is $68.84 and its two-hundred day moving average is $66.29. 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 $725.55 million, a PE ratio of 26.08 and a beta of 0.97.

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

Institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. acquired a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth $60,513,000. Unique Wealth LLC acquired a new stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF in the 2nd quarter valued at about $1,926,000. Citadel Advisors LLC raised its stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF by 19.5% in the 2nd quarter. Citadel Advisors LLC now owns 23,049 shares of the company’s stock valued at $1,548,000 after purchasing an additional 3,769 shares in the last quarter. Hopwood Nicholas Hunter bought a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the second quarter worth about $1,546,000. Finally, MLG Wealth Management DBA Pine Grove Financial Group bought a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the second quarter worth about $1,532,000.

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.