JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Hits New 1-Year High – Here’s What Happened

by · The Cerbat Gem

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $56.74 and last traded at $56.74, with a volume of 464831 shares trading hands. The stock had previously closed at $56.55.

JPMorgan US Quality Factor ETF Stock Down 0.3 %

The business’s fifty day moving average price is $55.00 and its 200 day moving average price is $53.22. The firm has a market capitalization of $4.60 billion, a PE ratio of 25.27 and a beta of 0.94.

Institutional Trading of JPMorgan US Quality Factor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kathmere Capital Management LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 0.4% in the 2nd quarter. Kathmere Capital Management LLC now owns 59,836 shares of the company’s stock valued at $3,168,000 after purchasing an additional 211 shares during the last quarter. Aveo Capital Partners LLC grew its position in JPMorgan US Quality Factor ETF by 2.7% in the 2nd quarter. Aveo Capital Partners LLC now owns 10,549 shares of the company’s stock valued at $559,000 after buying an additional 273 shares during the last quarter. Koesten Hirschmann & Crabtree INC. increased its stake in JPMorgan US Quality Factor ETF by 145.5% in the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock valued at $29,000 after buying an additional 320 shares during the period. Patten Group Inc. raised its position in JPMorgan US Quality Factor ETF by 4.2% during the 3rd quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock worth $510,000 after buying an additional 366 shares during the last quarter. Finally, Gallacher Capital Management LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 0.6% in the 1st quarter. Gallacher Capital Management LLC now owns 66,129 shares of the company’s stock worth $3,496,000 after acquiring an additional 388 shares during the period.

About JPMorgan US Quality Factor ETF

(Get Free Report)

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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