JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Short Interest Down 77.5% in June

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 29,556 shares, a decrease of 77.5% from the May 31st total of 131,422 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 751,253 shares, the short-interest ratio is presently 0.0 days.

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

Several large investors have recently made changes to their positions in JQUA. Operose Advisors LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after buying an additional 235 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at $39,000. Wealth Watch Advisors INC purchased a new position in JPMorgan U.S. Quality Factor ETF during the third quarter valued at $57,000. Smartleaf Asset Management LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after acquiring an additional 998 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at $71,000.

JPMorgan U.S. Quality Factor ETF Trading Up 1.4%

Shares of JQUA traded up $0.97 during trading hours on Monday, reaching $71.67. 325,880 shares of the stock traded hands, compared to its average volume of 826,499. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.23 and a 52-week high of $72.31. The company’s 50-day moving average price is $68.99 and its two-hundred day moving average price is $65.40. The company has a market cap of $8.06 billion, a P/E ratio of 23.86 and a beta of 0.91.

About JPMorgan U.S. Quality Factor ETF

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.