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

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday. The company traded as high as $75.67 and last traded at $75.6560, with a volume of 182786 shares. The stock had previously closed at $75.14.

JPMorgan U.S. Quality Factor ETF Stock Performance

The company has a market cap of $9.12 billion, a P/E ratio of 23.86 and a beta of 0.90. The company has a fifty day moving average price of $74.13 and a two-hundred day moving average price of $70.22.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. GoalVest Advisory LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at $152,000. QRG Capital Management Inc. bought a new stake in JPMorgan U.S. Quality Factor ETF during the second quarter worth $370,000. Archford Capital Strategies LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 0.8% in the second quarter. Archford Capital Strategies LLC now owns 91,485 shares of the company’s stock valued at $6,613,000 after acquiring an additional 708 shares during the last quarter. RFG Advisory LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 74.3% during the 2nd quarter. RFG Advisory LLC now owns 11,542 shares of the company’s stock worth $834,000 after purchasing an additional 4,919 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 9.4% during the 2nd quarter. IFP Advisors Inc now owns 49,513 shares of the company’s stock worth $3,579,000 after purchasing an additional 4,246 shares during the last quarter.

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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