JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sees Unusually-High Trading Volume – Time to Buy?

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) shares saw unusually-strong trading volume on Monday . Approximately 1,470,201 shares changed hands during 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 Stock Down 0.4 %

The stock has a market cap of $4.82 billion, a PE ratio of 25.27 and a beta of 0.94. The firm has a fifty day moving average of $57.20 and a 200 day moving average of $54.72.

Institutional Trading of JPMorgan US Quality Factor ETF

Several institutional investors have recently modified their holdings of JQUA. Kathmere Capital Management LLC grew its stake in JPMorgan US Quality Factor ETF by 0.4% during the 2nd quarter. Kathmere Capital Management LLC now owns 59,836 shares of the company’s stock worth $3,168,000 after buying an additional 211 shares during the last quarter. Allworth Financial LP grew its position in JPMorgan US Quality Factor ETF by 5.6% during the 3rd quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock worth $273,000 after purchasing an additional 258 shares during the last quarter. Aveo Capital Partners LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 2.7% in the second quarter. Aveo Capital Partners LLC now owns 10,549 shares of the company’s stock valued at $559,000 after buying an additional 273 shares during the last quarter. Koesten Hirschmann & Crabtree INC. boosted its stake in shares of JPMorgan US Quality Factor ETF by 145.5% during the first quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after buying an additional 320 shares during the period. Finally, Baker Tilly Wealth Management LLC increased its position in JPMorgan US Quality Factor ETF by 5.7% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock valued at $361,000 after acquiring an additional 342 shares during the period.

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.