JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Reaches New 52-Week High – What’s Next?

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) shares hit a new 52-week high on Friday . The company traded as high as $59.10 and last traded at $59.09, with a volume of 42322 shares changing hands. The stock had previously closed at $58.69.

JPMorgan US Quality Factor ETF Price Performance

The stock has a market capitalization of $4.79 billion, a PE ratio of 25.27 and a beta of 0.94. The business’s fifty day moving average price is $57.05 and its two-hundred day moving average price is $54.59.

Institutional Investors Weigh In On JPMorgan US Quality Factor ETF

A number of large investors have recently made changes to their positions in the stock. GG Group Ventures LLC lifted its position in JPMorgan US Quality Factor ETF by 37.9% during the third quarter. GG Group Ventures LLC now owns 11,665 shares of the company’s stock valued at $679,000 after purchasing an additional 3,209 shares during the period. Valued Retirements Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF in the third quarter worth about $289,000. Delos Wealth Advisors LLC raised its position in shares of JPMorgan US Quality Factor ETF by 7.9% in the third quarter. Delos Wealth Advisors LLC now owns 65,369 shares of the company’s stock worth $3,698,000 after acquiring an additional 4,807 shares during the period. Orion Portfolio Solutions LLC raised its position in shares of JPMorgan US Quality Factor ETF by 4.2% in the third quarter. Orion Portfolio Solutions LLC now owns 28,016 shares of the company’s stock worth $1,585,000 after acquiring an additional 1,129 shares during the period. Finally, EP Wealth Advisors LLC raised its position in shares of JPMorgan US Quality Factor ETF by 6,754.5% in the third quarter. EP Wealth Advisors LLC now owns 140,723 shares of the company’s stock worth $7,961,000 after acquiring an additional 138,670 shares during the period.

JPMorgan US 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.