JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Sets New 52-Week High – Should You Buy?

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)’s share price reached a new 52-week high during trading on Wednesday. The company traded as high as $76.09 and last traded at $76.0260, with a volume of 32,819 shares. The stock had previously closed at $75.87.

JPMorgan U.S. Quality Factor ETF Trading Down 0.2%

The firm has a 50-day moving average of $74.63 and a two-hundred day moving average of $71.52. The firm has a market cap of $9.37 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90.

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

Hedge funds have recently modified their holdings of the business. Fifth Third Wealth Advisors LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at $14,536,000. MBL Wealth LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $443,000. OLD Second National Bank of Aurora acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $329,000. Sharkey Howes & Javer bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $382,000. Finally, SeaCrest Wealth Management LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $291,000.

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.