JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sees Unusually-High Trading Volume

JPMorgan US Quality Factor ETF (NYSEARCA:JQUAGet Free Report) shares saw an uptick in trading volume on Tuesday . 3,536,089 shares traded hands during trading, an increase of 489% from the previous session’s volume of 600,400 shares.The stock last traded at $48.02 and had previously closed at $48.29.

JPMorgan US Quality Factor ETF Trading Down 0.4 %

The stock’s 50-day moving average price is $46.69 and its 200-day moving average price is $45.06. The company has a market capitalization of $2.01 billion, a P/E ratio of 16.88 and a beta of 0.92.

Hedge Funds Weigh In On JPMorgan US Quality Factor ETF

A number of large investors have recently bought and sold shares of JQUA. Raymond James & Associates grew its holdings in shares of JPMorgan US Quality Factor ETF by 4.5% during the first quarter. Raymond James & Associates now owns 21,466 shares of the company’s stock valued at $920,000 after purchasing an additional 924 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in JPMorgan US Quality Factor ETF by 22.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 29,540 shares of the company’s stock worth $1,267,000 after buying an additional 5,365 shares during the period. Prudential Financial Inc. lifted its stake in JPMorgan US Quality Factor ETF by 16.2% in the first quarter. Prudential Financial Inc. now owns 11,096 shares of the company’s stock valued at $476,000 after buying an additional 1,544 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the first quarter valued at $2,908,000. Finally, Fort Point Capital Partners LLC grew its position in shares of JPMorgan US Quality Factor ETF by 7.1% during the first quarter. Fort Point Capital Partners LLC now owns 18,481 shares of the company’s stock worth $792,000 after acquiring an additional 1,224 shares during the last quarter.

JPMorgan US Quality Factor ETF Company Profile

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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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