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

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Get Free Report)’s stock price hit a new 52-week high during trading on Tuesday. The stock traded as high as $76.57 and last traded at $76.4550, with a volume of 383,292 shares. The stock had previously closed at $76.42.

JPMorgan U.S. Quality Factor ETF Price Performance

The stock has a market cap of $9.43 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The business has a 50-day simple moving average of $74.69 and a two-hundred day simple moving average of $69.12.

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

Several institutional investors have recently made changes to their positions in JQUA. Quadcap Wealth Management LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.9% during the first quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock valued at $76,351,000 after acquiring an additional 34,752 shares in the last quarter. Cetera Investment Advisers lifted its holdings in JPMorgan U.S. Quality Factor ETF by 41.7% during the first quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock valued at $63,311,000 after purchasing an additional 303,867 shares in the last quarter. LVZ Inc. grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.6% during the first quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock worth $62,380,000 after buying an additional 15,791 shares in the last quarter. RVW Wealth LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth $74,549,000. Finally, Avidian Wealth Enterprises LLC acquired a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $73,013,000.

JPMorgan U.S. Quality Factor ETF Company Profile

(Get Free Report)

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.

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