JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Reaches New 52-Week High – Here’s Why

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)’s share price reached a new 52-week high on Monday . The stock traded as high as $72.23 and last traded at $72.18, with a volume of 181009 shares traded. The stock had previously closed at $71.00.

JPMorgan U.S. Quality Factor ETF Trading Up 1.6%

The company has a market cap of $8.11 billion, a PE ratio of 23.86 and a beta of 0.91. The firm has a 50 day moving average of $67.38 and a two-hundred day moving average of $64.84.

Institutional Trading of JPMorgan U.S. Quality Factor ETF

Several institutional investors have recently added to or reduced their stakes in JQUA. Focus Partners Wealth boosted its stake in JPMorgan U.S. Quality Factor ETF by 4,153.5% during the 4th quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock valued at $86,462,000 after purchasing an additional 1,336,332 shares during the last quarter. Savant Capital LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 10.8% in the 4th quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after buying an additional 996,453 shares during the last quarter. Hughes Financial Services LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 15,645.5% in the 4th quarter. Hughes Financial Services LLC now owns 876,395 shares of the company’s stock worth $55,371,000 after buying an additional 870,829 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 4,731.9% in the 4th quarter. UMB Bank n.a. now owns 750,679 shares of the company’s stock worth $47,428,000 after buying an additional 735,143 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 53.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock worth $127,575,000 after buying an additional 702,461 shares during the last quarter.

JPMorgan U.S. 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.