JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sees Large Volume Increase – Here’s Why

JPMorgan US Quality Factor ETF (NYSEARCA:JQUAGet Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 537,372 shares changed hands during trading, an increase of 4% from the previous session’s volume of 518,655 shares.The stock last traded at $56.53 and had previously closed at $56.47.

JPMorgan US Quality Factor ETF Stock Down 4.0 %

The company has a market cap of $5.31 billion, a P/E ratio of 24.30 and a beta of 0.95. The company has a 50 day moving average price of $58.46 and a 200-day moving average price of $58.00.

JPMorgan US Quality Factor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.1591 dividend. The ex-dividend date was Tuesday, March 25th.

Institutional Trading of JPMorgan US Quality Factor ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at $36,237,000. Tableaux LLC acquired a new position in JPMorgan US Quality Factor ETF during the fourth quarter worth about $3,654,000. Wealthedge Investment Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth about $2,291,000. Campbell Deegan Wealth Management LLC acquired a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at about $205,000. Finally, BridgePort Financial Solutions LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at about $5,114,000.

JPMorgan US Quality Factor ETF Company Profile

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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.

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