JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Get Free Report) was the target of a significant 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. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 739,818 shares, the days-to-cover ratio is currently 0.3 days.
JPMorgan U.S. Quality Factor ETF Trading Up 0.3%
Shares of JQUA stock traded up $0.23 during trading hours on Tuesday, hitting $75.59. 1,476,937 shares of the company’s stock were exchanged, compared to its average volume of 736,048. The business’s 50 day simple moving average is $74.84 and its 200-day simple moving average is $69.42. JPMorgan U.S. Quality Factor ETF has a 12-month low of $59.70 and a 12-month high of $76.68. The company has a market capitalization of $9.51 billion, a PE ratio of 23.86 and a beta of 0.90.
Institutional Trading of JPMorgan U.S. Quality Factor ETF
A number of institutional investors have recently modified their holdings of JQUA. Fortitude Family Office LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter valued at $29,000. Pinnacle Bancorp Inc. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth about $40,000. Parallel Advisors LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $41,000. Root Financial Partners LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter worth about $60,000. Finally, DHJJ Financial Advisors Ltd. purchased a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter worth about $67,000.
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.
Featured Stories
- Five stocks we like better than JPMorgan U.S. Quality Factor ETF
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
- Republic Services Has the Momentum, But Waste Management Has Another Advantage
- Alphabet’s Golden Dome Talks Could Open a New Market, But How Much Is at Stake?
- Tempus AI Surges on Earnings Beat, But Can the Rally Last?
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.
