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

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 116,015 shares, a decrease of 64.9% from the July 30th total of 330,900 shares. Based on an average daily trading volume, of 589,145 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

JPMorgan U.S. Quality Factor ETF Stock Down 0.5%

JPMorgan U.S. Quality Factor ETF stock opened at $74.89 on Friday. The stock has a market cap of $8.52 billion, a P/E ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $75.64. The company’s 50-day moving average price is $72.88 and its two-hundred day moving average price is $68.28.

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

Several institutional investors and hedge funds have recently made changes to their positions in JQUA. Operose Advisors LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after purchasing an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at $39,000. Wealth Watch Advisors INC acquired a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $57,000. Smartleaf Asset Management LLC grew 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 buying an additional 998 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in JPMorgan U.S. Quality Factor ETF during the 4th quarter worth $71,000.

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.