JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Short Interest Up 55.3% in December

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 188,997 shares, a growth of 55.3% from the November 30th total of 121,695 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 655,585 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 655,585 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of JPMorgan U.S. Quality Factor ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Atlantic Union Bankshares Corp bought a new position in JPMorgan U.S. Quality Factor ETF in the second quarter valued at about $25,000. Harbour Investments Inc. lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 26.5% in 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 last quarter. Parkworth Wealth Management Inc. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at approximately $55,000. Asset Dedication LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 840.0% in the 2nd quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after purchasing an additional 840 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. increased its position in 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 worth $57,000 after purchasing an additional 326 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA traded down $0.27 during trading on Monday, hitting $63.79. 61,709 shares of the stock traded hands, compared to its average volume of 690,551. The business has a 50 day moving average price of $62.84 and a 200 day moving average price of $61.81. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $64.35. The company has a market cap of $7.58 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93.

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.