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

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $60.51 and last traded at $60.51, with a volume of 321286 shares. The stock had previously closed at $59.97.

JPMorgan US Quality Factor ETF Price Performance

The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The business’s fifty day simple moving average is $58.72 and its 200 day simple moving average is $57.14.

Institutional Trading of JPMorgan US Quality Factor ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Savant Capital LLC increased its position in shares of JPMorgan US Quality Factor ETF by 21.6% during the fourth 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 in the last quarter. Signaturefd LLC increased its holdings in JPMorgan US Quality Factor ETF by 1.2% during the 3rd quarter. Signaturefd LLC now owns 5,533,652 shares of the company’s stock worth $313,039,000 after purchasing an additional 66,260 shares in the last quarter. LPL Financial LLC increased its holdings in JPMorgan US Quality Factor ETF by 5.3% during the 4th 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 in the last quarter. ST Germain D J Co. Inc. raised its stake 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 purchasing an additional 44,726 shares during the last quarter. Finally, Sage Mountain Advisors LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 34.2% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock valued at $137,686,000 after purchasing an additional 612,953 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.