JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Short Interest Down 81.7% in August

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 6,864 shares, a decrease of 81.7% from the July 30th total of 37,520 shares. Based on an average trading volume of 39,279 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

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

JPMorgan U.S. Research Enhanced Large Cap ETF stock traded down $0.05 during midday trading on Wednesday, hitting $68.98. The company’s stock had a trading volume of 18,094 shares, compared to its average volume of 74,368. JPMorgan U.S. Research Enhanced Large Cap ETF has a 1-year low of $57.20 and a 1-year high of $70.37. The company has a 50-day moving average price of $67.87 and a two-hundred day moving average price of $64.93. The company has a market cap of $698.08 million, a price-to-earnings ratio of 26.08 and a beta of 0.97.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. Unique Wealth LLC bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth $1,926,000. Hopwood Nicholas Hunter acquired a new stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth $1,546,000. Elevation Wealth Management LLC acquired a new stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth $670,000. MassMutual Private Wealth & Trust FSB acquired a new position in JPMorgan U.S. Research Enhanced Large Cap ETF in the second quarter valued at about $1,500,000. Finally, Goldman Sachs Group Inc. acquired a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF during the fourth quarter worth about $391,000.

About JPMorgan U.S. Research Enhanced Large Cap ETF

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.