JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sets New 1-Year High at $55.87

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) shares hit a new 52-week high during trading on Monday . The stock traded as high as $55.87 and last traded at $55.68, with a volume of 32207 shares. The stock had previously closed at $55.58.

JPMorgan US Quality Factor ETF Stock Up 0.4 %

The company’s fifty day simple moving average is $53.99 and its 200 day simple moving average is $52.69. The firm has a market capitalization of $4.52 billion, a PE ratio of 25.27 and a beta of 0.94.

Institutional Trading of JPMorgan US Quality Factor ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Koesten Hirschmann & Crabtree INC. lifted its holdings in JPMorgan US Quality Factor ETF by 145.5% in the first quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after buying an additional 320 shares during the period. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the second quarter valued at approximately $34,000. International Assets Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the second quarter valued at approximately $36,000. EverSource Wealth Advisors LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the second quarter valued at approximately $44,000. Finally, Atlanta Consulting Group Advisors LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the first quarter valued at approximately $86,000.

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.