JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Get Free Report) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 190,405 shares, a drop of 36.7% from the September 30th total of 300,995 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 739,818 shares, the short-interest ratio is presently 0.3 days.
JPMorgan U.S. Quality Factor ETF Stock Performance
JQUA traded up $0.53 during midday trading on Monday, hitting $76.05. The stock had a trading volume of 92,570 shares, compared to its average volume of 729,330. The company has a market cap of $9.57 billion, a P/E ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 1 year low of $59.70 and a 1 year high of $76.68. The business has a fifty day moving average of $74.83 and a 200 day moving average of $69.36.
Hedge Funds Weigh In On JPMorgan U.S. Quality Factor ETF
A number of large investors have recently bought and sold shares of the stock. Fortitude Family Office LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $29,000. Pinnacle Bancorp Inc. purchased a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at about $40,000. Root Financial Partners LLC bought a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $60,000. DHJJ Financial Advisors Ltd. bought a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $67,000. Finally, CoreCap Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $77,000.
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.
See Also
- Five stocks we like better than JPMorgan U.S. Quality Factor ETF
- Strategy Pauses Bitcoin Buys to Focus on Preferred Stock Buybacks
- Uranium Prices Are Near Historic Highs—So Why Hasn’t Cameco Followed?
- Royal Caribbean Buys the Beach as Norwegian Fixes the Ship
- SK hynix Says Memory Demand Beats Supply Through 2030—What It Means for Micron and SanDisk
Receive News & Ratings for JPMorgan U.S. Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
