JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sees Large Volume Increase – What’s Next?

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) saw unusually-strong trading volume on Friday . Approximately 872,174 shares were traded during trading, an increase of 84% from the previous session’s volume of 474,947 shares.The stock last traded at $58.58 and had previously closed at $58.17.

JPMorgan US Quality Factor ETF Price Performance

The firm’s fifty day moving average is $58.47 and its 200-day moving average is $56.24. The stock has a market capitalization of $4.74 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

Institutional Investors Weigh In On JPMorgan US Quality Factor ETF

A number of hedge funds have recently made changes to their positions in the business. Signaturefd LLC increased its position in JPMorgan US Quality Factor ETF by 1.2% in the 3rd quarter. Signaturefd LLC now owns 5,533,652 shares of the company’s stock valued at $313,039,000 after acquiring an additional 66,260 shares during the period. LPL Financial LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after acquiring an additional 510,409 shares during the period. ST Germain D J Co. Inc. grew its holdings in JPMorgan US Quality Factor ETF by 1.7% during the fourth quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock worth $153,647,000 after acquiring an additional 44,726 shares during the period. Townsquare Capital LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 6.1% in the 3rd quarter. Townsquare Capital LLC now owns 1,415,009 shares of the company’s stock worth $80,047,000 after purchasing an additional 81,577 shares during the last quarter. Finally, Mason & Associates Inc lifted its stake in JPMorgan US Quality Factor ETF by 57.4% during the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after purchasing an additional 494,630 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.