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 drop in short interest in the month of June. As of June 15th, there was short interest totaling 29,556 shares, a drop of 77.5% from the May 31st total of 131,422 shares. Based on an average daily trading volume, of 751,253 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of JPMorgan U.S. Quality Factor ETF

Several large investors have recently added to or reduced their stakes in the business. Empowered Funds LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 6.1% during the 1st quarter. Empowered Funds LLC now owns 16,254 shares of the company’s stock worth $997,000 after acquiring an additional 934 shares during the period. Cornerstone Wealth LLC TN acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the first quarter valued at $7,783,000. IFS Group LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the first quarter valued at about $340,000. Quantinno Capital Management LP raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 80.6% during the first quarter. Quantinno Capital Management LP now owns 19,133 shares of the company’s stock valued at $1,173,000 after purchasing an additional 8,537 shares in the last quarter. Finally, Gateway Wealth Partners LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF in the first quarter worth about $240,000.

JPMorgan U.S. Quality Factor ETF Trading Down 0.4%

JPMorgan U.S. Quality Factor ETF stock traded down $0.30 during midday trading on Friday, reaching $70.70. 663,873 shares of the stock traded hands, compared to its average volume of 830,637. The firm has a fifty day moving average price of $68.99 and a two-hundred day moving average price of $65.40. The firm has a market cap of $7.95 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.23 and a fifty-two week high of $72.31.

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.