JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Sets New 12-Month High – Should You Buy?

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $64.92 and last traded at $64.89, with a volume of 243521 shares traded. The stock had previously closed at $64.51.

JPMorgan U.S. Quality Factor ETF Trading Up 0.3%

The company’s 50 day moving average is $63.04 and its 200 day moving average is $63.12. The stock has a market capitalization of $7.24 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of JQUA. Operose Advisors LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after purchasing an additional 235 shares during the period. Lloyd Advisory Services LLC. acquired a new position in JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at $39,000. DHJJ Financial Advisors Ltd. increased its stake in JPMorgan U.S. Quality Factor ETF by 56.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock valued at $57,000 after purchasing an additional 326 shares during the period. MCF Advisors LLC acquired a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at $57,000. Finally, Wealth Watch Advisors INC acquired a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at $57,000.

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.