JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Reaches New 12-Month High at $55.47

Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) reached a new 52-week high during trading on Monday . The stock traded as high as $55.47 and last traded at $55.47, with a volume of 51948 shares changing hands. The stock had previously closed at $55.32.

JPMorgan US Quality Factor ETF Stock Performance

The stock has a market cap of $4.49 billion, a PE ratio of 25.27 and a beta of 0.94. The company’s 50-day moving average price is $53.52 and its 200 day moving average price is $52.33.

Institutional Trading of JPMorgan US Quality Factor ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JQUA. International Assets Investment Management LLC purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $2,055,000. CWM LLC raised its position in JPMorgan US Quality Factor ETF by 66,500.0% in the fourth quarter. CWM LLC now owns 666 shares of the company’s stock valued at $32,000 after purchasing an additional 665 shares during the period. Atria Wealth Solutions Inc. purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $440,000. Truist Financial Corp raised its position in JPMorgan US Quality Factor ETF by 17.7% in the fourth quarter. Truist Financial Corp now owns 150,854 shares of the company’s stock valued at $7,220,000 after purchasing an additional 22,688 shares during the period. Finally, Savant Capital LLC increased its position in shares of JPMorgan US Quality Factor ETF by 3,420.3% during the fourth quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock worth $95,941,000 after acquiring an additional 1,947,683 shares during the period.

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.