JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Hits New 1-Year High at $53.62

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) shares reached a new 52-week high on Wednesday . The stock traded as high as $53.62 and last traded at $53.61, with a volume of 413847 shares traded. The stock had previously closed at $53.20.

JPMorgan US Quality Factor ETF Trading Up 0.8 %

The company’s fifty day moving average price is $52.42 and its two-hundred day moving average price is $51.14. The firm has a market cap of $4.37 billion, a P/E ratio of 25.27 and a beta of 0.94.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in JQUA. Signaturefd LLC lifted its position in JPMorgan US Quality Factor ETF by 2.3% during the 1st quarter. Signaturefd LLC now owns 5,388,523 shares of the company’s stock valued at $284,891,000 after purchasing an additional 122,857 shares during the period. Annex Advisory Services LLC lifted its position in JPMorgan US Quality Factor ETF by 148.8% during the 1st quarter. Annex Advisory Services LLC now owns 4,205,639 shares of the company’s stock valued at $222,352,000 after purchasing an additional 2,515,457 shares during the period. ST Germain D J Co. Inc. lifted its position in JPMorgan US Quality Factor ETF by 6.6% during the 2nd quarter. ST Germain D J Co. Inc. now owns 2,570,181 shares of the company’s stock valued at $136,091,000 after purchasing an additional 158,115 shares during the period. Scarborough Advisors LLC lifted its position in JPMorgan US Quality Factor ETF by 1,116.4% during the 4th quarter. Scarborough Advisors LLC now owns 2,226,572 shares of the company’s stock valued at $106,564,000 after purchasing an additional 2,043,520 shares during the period. Finally, Midland Wealth Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the 4th quarter valued at about $96,084,000.

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.