MLG Wealth Management DBA Pine Grove Financial Group Acquires Shares of 22,807 JPMorgan U.S. Research Enhanced Large Cap ETF $JUSA

MLG Wealth Management DBA Pine Grove Financial Group bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 22,807 shares of the company’s stock, valued at approximately $1,532,000. MLG Wealth Management DBA Pine Grove Financial Group owned approximately 0.23% of JPMorgan U.S. Research Enhanced Large Cap ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of JUSA. Goldman Sachs Group Inc. purchased a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the 4th quarter worth $391,000. Elevation Wealth Management LLC purchased a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF in the second quarter worth about $670,000. Tower Research Capital LLC TRC grew its holdings in JPMorgan U.S. Research Enhanced Large Cap ETF by 714.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 23,068 shares of the company’s stock worth $1,388,000 after acquiring an additional 20,235 shares in the last quarter. MassMutual Private Wealth & Trust FSB bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth about $1,500,000. Finally, Hopwood Nicholas Hunter purchased a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter valued at about $1,546,000.

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

NYSEARCA:JUSA opened at $69.29 on Tuesday. The firm has a 50-day simple moving average of $68.32 and a 200-day simple moving average of $65.37. JPMorgan U.S. Research Enhanced Large Cap ETF has a one year low of $57.20 and a one year high of $70.37. The firm has a market cap of $701.21 million, a P/E ratio of 26.08 and a beta of 0.97.

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.