MLG Wealth Management DBA Pine Grove Financial Group Buys 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) in the second quarter, Holdings Channel.com reports. The institutional investor bought 22,807 shares of the company’s stock, valued at approximately $1,532,000.

Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF in the 4th quarter valued at about $391,000. Elevation Wealth Management LLC bought a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth approximately $670,000. Tower Research Capital LLC TRC lifted its position 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 valued at $1,388,000 after acquiring an additional 20,235 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF during the second quarter valued at approximately $1,500,000. Finally, Hopwood Nicholas Hunter acquired a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF in the second quarter valued at approximately $1,546,000.

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

JPMorgan U.S. Research Enhanced Large Cap ETF stock opened at $69.29 on Tuesday. 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 business has a fifty day moving average price of $68.32 and a 200-day moving average price of $65.37. The stock has a market capitalization of $701.21 million, a price-to-earnings 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.