JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Short Interest Update

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 273,999 shares, a growth of 45.0% from the December 15th total of 188,997 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 402,662 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 402,662 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s stock are short sold.

JPMorgan U.S. Quality Factor ETF Trading Down 0.3%

JPMorgan U.S. Quality Factor ETF stock traded down $0.22 during midday trading on Friday, hitting $64.26. The stock had a trading volume of 682,488 shares, compared to its average volume of 602,635. The business has a fifty day moving average price of $63.22 and a 200 day moving average price of $62.30. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.82. The stock has a market cap of $7.70 billion, a P/E ratio of 23.86 and a beta of 0.93.

Hedge Funds Weigh In On JPMorgan U.S. Quality Factor ETF

Several large investors have recently added to or reduced their stakes in the company. Atlantic Union Bankshares Corp bought a new stake in JPMorgan U.S. Quality Factor ETF during the second quarter valued at $25,000. Wealth Watch Advisors INC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $57,000. MCF Advisors LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $57,000. DHJJ Financial Advisors Ltd. grew its position in shares of JPMorgan U.S. Quality Factor ETF by 56.4% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock valued at $57,000 after buying an additional 326 shares during the last quarter. Finally, Harbour Investments Inc. raised its stake in JPMorgan U.S. Quality Factor ETF by 26.5% during the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares during the period.

JPMorgan U.S. Quality Factor ETF Company Profile

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.