JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Reaches New 12-Month High – Here’s What Happened

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUAGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $72.68 and last traded at $72.26, with a volume of 293556 shares changing hands. The stock had previously closed at $72.06.

JPMorgan U.S. Quality Factor ETF Stock Down 0.4%

The stock has a 50-day moving average of $71.23 and a 200 day moving average of $66.68. The stock has a market cap of $8.16 billion, a PE ratio of 23.86 and a beta of 0.91.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Operose Advisors LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after acquiring an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at about $39,000. Wealth Watch Advisors INC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at approximately $57,000. Smartleaf Asset Management LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after buying an additional 998 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter worth approximately $71,000.

JPMorgan U.S. Quality Factor ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for JPMorgan U.S. Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.