JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Down 0.5%

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) shares dropped 0.5% during trading on Wednesday . The company traded as low as $28.25 and last traded at $28.32, approximately 4,560 shares traded hands during trading. A decline of 72% from the average daily volume of 16,250 shares. The stock had previously closed at $28.47.

The stock has a 50-day simple moving average of $29.26.

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its position in shares of JPMorgan US Quality Factor ETF by 0.4% in the first quarter. JPMorgan Chase & Co. now owns 1,001,572 shares of the company’s stock valued at $28,265,000 after acquiring an additional 3,572 shares in the last quarter. CIBC World Markets Inc. purchased a new stake in shares of JPMorgan US Quality Factor ETF in the first quarter valued at $4,137,000. Aveo Capital Partners LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the second quarter valued at $626,000. Finally, Princeton Global Asset Management LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 123.5% in the first quarter. Princeton Global Asset Management LLC now owns 4,148 shares of the company’s stock valued at $117,000 after acquiring an additional 2,292 shares in the last quarter.

Further Reading: What is a conference call?

Receive News & Ratings for JPMorgan US Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan US Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.