JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Hits New 1-Year High – What’s Next?

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $60.25 and last traded at $60.25, with a volume of 25654 shares traded. The stock had previously closed at $59.91.

JPMorgan US Quality Factor ETF Trading Up 0.5 %

The firm’s 50-day moving average price is $57.78 and its 200 day moving average price is $55.13. The company has a market cap of $4.87 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

Institutional Investors Weigh In On JPMorgan US Quality Factor ETF

A number of large investors have recently bought and sold shares of JQUA. Signaturefd LLC raised its position in shares of JPMorgan US Quality Factor ETF by 1.2% during the third quarter. Signaturefd LLC now owns 5,533,652 shares of the company’s stock worth $313,039,000 after purchasing an additional 66,260 shares during the period. LPL Financial LLC increased its stake in JPMorgan US Quality Factor ETF by 16.9% during the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after purchasing an additional 510,409 shares in the last quarter. Savant Capital LLC raised its holdings in JPMorgan US Quality Factor ETF by 26.2% during the second quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock worth $150,825,000 after buying an additional 590,900 shares during the last quarter. ST Germain D J Co. Inc. lifted its stake in shares of JPMorgan US Quality Factor ETF by 2.6% in the third quarter. ST Germain D J Co. Inc. now owns 2,638,129 shares of the company’s stock valued at $149,239,000 after buying an additional 67,948 shares in the last quarter. Finally, Sage Mountain Advisors LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 11.3% during the second quarter. Sage Mountain Advisors LLC now owns 1,716,750 shares of the company’s stock valued at $90,902,000 after buying an additional 173,848 shares during the last quarter.

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.