JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Hits New 1-Year High – Still a Buy?

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $66.91 and last traded at $66.91, with a volume of 29048 shares traded. The stock had previously closed at $66.53.

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

The firm has a market cap of $7.47 billion, a P/E ratio of 23.86 and a beta of 0.90. The business’s fifty day simple moving average is $63.46 and its 200-day simple moving average is $63.36.

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

Large investors have recently added to or reduced their stakes in the company. Operose Advisors LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 65.5% in the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after acquiring an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in JPMorgan U.S. Quality Factor ETF in the 4th quarter worth $39,000. Wealth Watch Advisors INC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $57,000. MCF Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $57,000. Finally, Longview Financial Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $66,000.

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.