JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sets New 1-Year Low – Should You Sell?

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) shares hit a new 52-week low on Monday . The company traded as low as $49.25 and last traded at $49.47, with a volume of 122845 shares trading hands. The stock had previously closed at $51.58.

JPMorgan US Quality Factor ETF Stock Down 0.6 %

The firm has a market capitalization of $4.98 billion, a P/E ratio of 24.30 and a beta of 0.95. The firm’s 50-day simple moving average is $58.30 and its 200-day simple moving average is $58.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in JQUA. Principal Securities Inc. boosted its holdings in shares of JPMorgan US Quality Factor ETF by 14,782.1% in the 4th quarter. Principal Securities Inc. now owns 4,167 shares of the company’s stock worth $239,000 after purchasing an additional 4,139 shares in the last quarter. FMR LLC boosted its stake in JPMorgan US Quality Factor ETF by 22.9% in the third quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after buying an additional 3,092 shares in the last quarter. Sanchez Wealth Management Group grew its position in JPMorgan US Quality Factor ETF by 3.6% during the fourth quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock valued at $16,084,000 after acquiring an additional 9,767 shares during the last quarter. Gladstone Institutional Advisory LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth approximately $274,000. Finally, Riggs Capital Management LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter worth approximately $6,214,000.

About JPMorgan US 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.