JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sets New 12-Month High – Here’s Why

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $60.51 and last traded at $60.51, with a volume of 321286 shares changing hands. The stock had previously closed at $59.97.

JPMorgan US Quality Factor ETF Trading Up 1.1 %

The business has a fifty day moving average of $58.70 and a 200-day moving average of $57.06. The company has a market cap of $4.91 billion, a PE ratio of 25.27 and a beta of 0.94.

Institutional Trading of JPMorgan US Quality Factor ETF

Several large investors have recently added to or reduced their stakes in the stock. Nations Financial Group Inc. IA ADV lifted its stake in shares of JPMorgan US Quality Factor ETF by 1.1% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock valued at $1,081,000 after purchasing an additional 201 shares during the period. Allworth Financial LP raised its holdings in JPMorgan US Quality Factor ETF by 5.6% in the third quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock worth $273,000 after purchasing an additional 258 shares in the last quarter. Baker Tilly Wealth Management LLC lifted its position in JPMorgan US Quality Factor ETF by 5.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock valued at $361,000 after buying an additional 342 shares during the period. Private Trust Co. NA boosted its holdings in shares of JPMorgan US Quality Factor ETF by 4.9% during the 3rd quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock valued at $413,000 after buying an additional 343 shares in the last quarter. Finally, L & S Advisors Inc grew its position in shares of JPMorgan US Quality Factor ETF by 1.1% in the 4th quarter. L & S Advisors Inc now owns 40,501 shares of the company’s stock worth $2,320,000 after buying an additional 424 shares during the period.

JPMorgan US 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.