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

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSAGet Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 9,519 shares, a drop of 64.6% from the June 30th total of 26,870 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 54,369 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On JPMorgan U.S. Research Enhanced Large Cap ETF

A number of hedge funds have recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB acquired a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF during the second quarter valued at approximately $1,500,000. Goldman Sachs Group Inc. bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the fourth quarter worth $391,000. Finally, Tower Research Capital LLC TRC lifted its stake in JPMorgan U.S. Research Enhanced Large Cap ETF by 714.3% during the third quarter. Tower Research Capital LLC TRC now owns 23,068 shares of the company’s stock worth $1,388,000 after purchasing an additional 20,235 shares during the last quarter.

JPMorgan U.S. Research Enhanced Large Cap ETF Stock Performance

Shares of NYSEARCA:JUSA opened at $66.77 on Wednesday. The stock has a 50-day simple moving average of $67.10 and a 200-day simple moving average of $63.99. JPMorgan U.S. Research Enhanced Large Cap ETF has a 1 year low of $56.44 and a 1 year high of $68.33. The stock has a market capitalization of $446.02 million, a P/E ratio of 26.08 and a beta of 0.98.

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.

Featured Stories

Receive News & Ratings for JPMorgan U.S. Research Enhanced Large Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Research Enhanced Large Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.