Short Interest in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Rises By 34.0%

by · The Markets Daily

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 222,642 shares, a growth of 34.0% from the January 29th total of 166,095 shares. Based on an average daily trading volume, of 944,774 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 944,774 shares, the days-to-cover ratio is presently 0.2 days.

JPMorgan U.S. Quality Factor ETF Trading Up 0.7%

JQUA traded up $0.45 during midday trading on Wednesday, hitting $64.38. The company’s stock had a trading volume of 1,946,275 shares, compared to its average volume of 1,012,917. The firm has a market cap of $7.63 billion, a P/E ratio of 23.86 and a beta of 0.93. The firm has a 50-day moving average price of $64.00 and a two-hundred day moving average price of $63.05. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Atlantic Union Bankshares Corp purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter valued at $25,000. Operose Advisors LLC boosted its holdings in 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 valued at $38,000 after acquiring an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at about $39,000. Parkworth Wealth Management Inc. purchased a new stake in JPMorgan U.S. Quality Factor ETF during the second quarter valued at about $55,000. Finally, Asset Dedication LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 840.0% during the second quarter. Asset Dedication LLC now owns 940 shares of the company’s stock worth $56,000 after acquiring an additional 840 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Company Profile

(Get Free Report)

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.

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