JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Shares Break Above 50-Day Moving Average – Time to Sell?

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $74.83 and traded as high as $75.39. JPMorgan U.S. Quality Factor ETF shares last traded at $75.15, with a volume of 1,568,392 shares traded.

JPMorgan U.S. Quality Factor ETF Stock Up 2.5%

The company has a market capitalization of $9.68 billion, a P/E ratio of 23.53 and a beta of 0.90. The business has a 50 day simple moving average of $74.83 and a 200-day simple moving average of $69.68.

Institutional Trading of JPMorgan U.S. Quality Factor ETF

Several hedge funds have recently bought and sold shares of JQUA. Western Wealth Management LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth about $4,984,000. Silver Oak Securities Incorporated bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $3,221,000. Wall Street Financial Group Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at approximately $229,000. Harbour Investments Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at approximately $29,084,000. Finally, FDx Advisors Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at approximately $4,785,000.

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.