JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Hits New 12-Month High – What’s Next?

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $64.90 and last traded at $64.7490, with a volume of 107927 shares trading hands. The stock had previously closed at $64.69.

JPMorgan U.S. Quality Factor ETF Stock Up 0.0%

The stock’s 50 day moving average is $63.52 and its two-hundred day moving average is $62.48. The company has a market capitalization of $7.67 billion, a PE ratio of 23.86 and a beta of 0.93.

Hedge Funds Weigh In On JPMorgan U.S. Quality Factor ETF

Large investors have recently bought and sold shares of the business. MBA Advisors LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 1.8% during the 2nd quarter. MBA Advisors LLC now owns 131,806 shares of the company’s stock valued at $7,915,000 after acquiring an additional 2,306 shares in the last quarter. Cooper Financial Group boosted its position in JPMorgan U.S. Quality Factor ETF by 4.9% during the second quarter. Cooper Financial Group now owns 14,467 shares of the company’s stock valued at $869,000 after purchasing an additional 673 shares in the last quarter. Brueske Advisory Services LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 97.3% during the second quarter. Brueske Advisory Services LLC now owns 33,876 shares of the company’s stock valued at $2,034,000 after purchasing an additional 16,706 shares in the last quarter. PFG Investments LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 9.2% in the second quarter. PFG Investments LLC now owns 10,362 shares of the company’s stock worth $622,000 after purchasing an additional 874 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 4.5% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 403,621 shares of the company’s stock valued at $24,237,000 after buying an additional 17,409 shares during 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.