JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Reaches New 52-Week High at $55.87

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $55.87 and last traded at $55.68, with a volume of 32207 shares changing hands. The stock had previously closed at $55.58.

JPMorgan US Quality Factor ETF Stock Performance

The stock has a market cap of $4.52 billion, a P/E ratio of 25.27 and a beta of 0.94. The stock’s fifty day simple moving average is $53.99 and its 200-day simple moving average is $52.69.

Institutional Trading of JPMorgan US Quality Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in JQUA. Kingsview Wealth Management LLC increased its position in JPMorgan US Quality Factor ETF by 47.0% during the 4th quarter. Kingsview Wealth Management LLC now owns 27,601 shares of the company’s stock worth $1,321,000 after purchasing an additional 8,825 shares in the last quarter. Thoroughbred Financial Services LLC increased its position in JPMorgan US Quality Factor ETF by 18.3% during the 4th quarter. Thoroughbred Financial Services LLC now owns 36,570 shares of the company’s stock worth $1,750,000 after purchasing an additional 5,655 shares in the last quarter. Saratoga Research & Investment Management increased its position in JPMorgan US Quality Factor ETF by 14,600.8% during the 4th quarter. Saratoga Research & Investment Management now owns 757,534 shares of the company’s stock worth $36,256,000 after purchasing an additional 752,381 shares in the last quarter. D.A. Davidson & CO. increased its position in JPMorgan US Quality Factor ETF by 204.4% during the 4th quarter. D.A. Davidson & CO. now owns 15,220 shares of the company’s stock worth $728,000 after purchasing an additional 10,220 shares in the last quarter. Finally, Keystone Financial Group increased its position in JPMorgan US Quality Factor ETF by 13.1% during the 4th quarter. Keystone Financial Group now owns 234,327 shares of the company’s stock worth $11,215,000 after purchasing an additional 27,089 shares in 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.