JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sees Strong Trading Volume – Here’s Why

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) saw unusually-high trading volume on Monday . Approximately 1,470,201 shares changed hands during mid-day trading, an increase of 175% from the previous session’s volume of 534,523 shares.The stock last traded at $59.69 and had previously closed at $59.18.

JPMorgan US Quality Factor ETF Trading Up 0.6 %

The firm has a market cap of $4.82 billion, a PE ratio of 25.27 and a beta of 0.94. The company has a 50-day simple moving average of $57.05 and a 200 day simple moving average of $54.61.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Levy Wealth Management Group LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 15.6% during the 2nd quarter. Levy Wealth Management Group LLC now owns 634,321 shares of the company’s stock worth $33,587,000 after buying an additional 85,617 shares during the period. Atria Wealth Solutions Inc. raised its stake in JPMorgan US Quality Factor ETF by 29.9% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 17,047 shares of the company’s stock valued at $903,000 after purchasing an additional 3,925 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its stake in JPMorgan US Quality Factor ETF by 1.1% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock valued at $6,187,000 after purchasing an additional 1,210 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $2,278,000. Finally, D Orazio & Associates Inc. raised its stake in JPMorgan US Quality Factor ETF by 58.8% in the 2nd quarter. D Orazio & Associates Inc. now owns 170,986 shares of the company’s stock valued at $9,054,000 after purchasing an additional 63,282 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.