JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sets New 1-Year Low – Should You Sell?

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) shares reached a new 52-week low on Monday . The stock traded as low as $49.25 and last traded at $49.47, with a volume of 122845 shares traded. The stock had previously closed at $51.58.

JPMorgan US Quality Factor ETF Stock Down 0.6 %

The firm’s 50-day moving average price is $58.30 and its 200-day moving average price is $58.00. The company has a market cap of $4.98 billion, a P/E ratio of 24.30 and a beta of 0.95.

Institutional Investors Weigh In On JPMorgan US Quality Factor ETF

Several institutional investors have recently made changes to their positions in JQUA. Savant Capital LLC increased its holdings in JPMorgan US Quality Factor ETF by 21.6% during the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock worth $356,484,000 after acquiring an additional 1,104,556 shares during the period. LPL Financial LLC increased its holdings in shares of JPMorgan US Quality Factor ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 3,726,426 shares of the company’s stock worth $213,412,000 after purchasing an additional 187,110 shares during the period. ST Germain D J Co. Inc. raised its position in shares of JPMorgan US Quality Factor ETF by 1.7% in the fourth quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock worth $153,647,000 after buying an additional 44,726 shares in the last quarter. Sage Mountain Advisors LLC boosted its stake in JPMorgan US Quality Factor ETF by 34.2% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock valued at $137,686,000 after buying an additional 612,953 shares during the period. Finally, Mason & Associates Inc grew its position in JPMorgan US Quality Factor ETF by 57.4% during the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after buying an additional 494,630 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.