Short Interest in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Increases By 45.0%

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 273,999 shares, a growth of 45.0% from the December 15th total of 188,997 shares. Based on an average daily trading volume, of 402,662 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 402,662 shares, the days-to-cover ratio is presently 0.7 days.

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

Large investors have recently bought and sold shares of the stock. Savant Capital LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 14.7% in the 2nd quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock worth $503,341,000 after acquiring an additional 1,072,456 shares during the period. JPMorgan Chase & Co. lifted its position in JPMorgan U.S. Quality Factor ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock worth $127,575,000 after purchasing an additional 702,461 shares during the period. Warren Street Wealth Advisors LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF during the third quarter worth $40,299,000. Intellus Advisors LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 181.2% in the 2nd quarter. Intellus Advisors LLC now owns 523,325 shares of the company’s stock valued at $31,426,000 after buying an additional 337,229 shares during the period. Finally, LVZ Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 48.5% in the 3rd quarter. LVZ Inc. now owns 997,493 shares of the company’s stock valued at $62,752,000 after buying an additional 325,663 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $64.26 on Friday. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.82. The stock’s 50 day moving average price is $63.22 and its 200 day moving average price is $62.27. The stock has a market cap of $7.71 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93.

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.