JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Sees Unusually-High Trading Volume – What’s Next?

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) shares saw strong trading volume on Monday . 1,469,671 shares were traded during trading, an increase of 92% from the previous session’s volume of 764,201 shares.The stock last traded at $64.33 and had previously closed at $64.48.

JPMorgan U.S. Quality Factor ETF Stock Down 0.1%

The firm’s fifty day moving average is $64.00 and its 200-day moving average is $63.05. The stock has a market capitalization of $7.57 billion, a PE ratio of 23.86 and a beta of 0.93.

Institutional Investors Weigh In On JPMorgan U.S. Quality Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Focus Partners Wealth boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 4,153.5% during the fourth quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock valued at $86,462,000 after acquiring an additional 1,336,332 shares during the last quarter. Savant Capital LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 14.7% in the 2nd quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock worth $503,341,000 after buying an additional 1,072,456 shares in the last quarter. Hughes Financial Services LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 15,645.5% in the 4th quarter. Hughes Financial Services LLC now owns 876,395 shares of the company’s stock valued at $55,371,000 after buying an additional 870,829 shares during the last quarter. UMB Bank n.a. grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 4,731.9% during the fourth quarter. UMB Bank n.a. now owns 750,679 shares of the company’s stock valued at $47,428,000 after acquiring an additional 735,143 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after acquiring an additional 702,461 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Company Profile

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.