JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sets New 1-Year High at $53.04

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $53.04 and last traded at $53.03, with a volume of 89705 shares changing hands. The stock had previously closed at $52.77.

JPMorgan US Quality Factor ETF Trading Up 0.9 %

The stock has a market cap of $4.31 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The stock has a fifty day simple moving average of $51.46 and a 200-day simple moving average of $50.35.

Institutional Trading of JPMorgan US Quality Factor ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JQUA. Annex Advisory Services LLC grew its holdings in JPMorgan US Quality Factor ETF by 148.8% in the 1st quarter. Annex Advisory Services LLC now owns 4,205,639 shares of the company’s stock valued at $222,352,000 after buying an additional 2,515,457 shares during the last quarter. Scarborough Advisors LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 1,116.4% in the 4th quarter. Scarborough Advisors LLC now owns 2,226,572 shares of the company’s stock worth $106,564,000 after acquiring an additional 2,043,520 shares during the period. Midland Wealth Advisors LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter worth approximately $96,084,000. Savant Capital LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 3,420.3% in the 4th quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock worth $95,941,000 after acquiring an additional 1,947,683 shares during the period. Finally, Signaturefd LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 25.0% in the 4th quarter. Signaturefd LLC now owns 5,265,666 shares of the company’s stock worth $252,015,000 after acquiring an additional 1,052,055 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.