JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sees Unusually-High Trading Volume – What’s Next?

Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) saw unusually-high trading volume on Tuesday . Approximately 2,663,143 shares traded hands during mid-day trading, an increase of 291% from the previous session’s volume of 681,072 shares.The stock last traded at $58.22 and had previously closed at $58.78.

JPMorgan US Quality Factor ETF Stock Performance

The stock has a market capitalization of $5.79 billion, a P/E ratio of 25.89 and a beta of 0.95. The firm has a 50-day moving average price of $58.92 and a 200 day moving average price of $57.73.

Hedge Funds Weigh In On JPMorgan US Quality Factor ETF

Several institutional investors have recently modified their holdings of the company. FPC Investment Advisory Inc. bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $29,000. Guardian Wealth Advisors LLC NC bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $43,000. CENTRAL TRUST Co bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $47,000. Abound Wealth Management bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $55,000. Finally, Fortitude Family Office LLC grew its position in JPMorgan US Quality Factor ETF by 45.8% during the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after acquiring an additional 550 shares during the last quarter.

JPMorgan US 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.