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

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 26,079 shares, a growth of 69.3% from the September 15th total of 15,408 shares. Based on an average daily volume of 114,187 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

JPMorgan U.S. Research Enhanced Large Cap ETF Trading Down 0.1%

Shares of JUSA stock traded down $0.08 during trading on Thursday, hitting $68.93. The company’s stock had a trading volume of 145,463 shares, compared to its average volume of 77,462. The business has a fifty day moving average of $69.14 and a 200-day moving average of $66.91. The company has a market cap of $730.66 million, a PE ratio of 26.08 and a beta of 0.97. JPMorgan U.S. Research Enhanced Large Cap ETF has a 52 week low of $57.20 and a 52 week high of $70.37.

Institutional Investors Weigh In On JPMorgan U.S. Research Enhanced Large Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital Analysts LLC purchased a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter valued at about $85,000. Emergent Wealth Advisors LLC purchased a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the third quarter valued at approximately $384,000. Elevation Wealth Management LLC purchased a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the second quarter valued at approximately $670,000. Firethorn Wealth Partners LLC increased its holdings in JPMorgan U.S. Research Enhanced Large Cap ETF by 86.0% during the 3rd quarter. Firethorn Wealth Partners LLC now owns 10,547 shares of the company’s stock worth $722,000 after acquiring an additional 4,878 shares during the period. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth approximately $744,000.

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.