JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Sees Strong Trading Volume – Still a Buy?

JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) saw an uptick in trading volume on Thursday . 1,565,086 shares changed hands during trading, an increase of 179% from the previous session’s volume of 559,976 shares.The stock last traded at $53.61 and had previously closed at $53.26.

JPMorgan US Quality Factor ETF Stock Up 1.1 %

The business’s fifty day moving average is $56.95 and its two-hundred day moving average is $57.73. The stock has a market capitalization of $5.40 billion, a PE ratio of 22.94 and a beta of 0.95.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FPC Investment Advisory Inc. purchased a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $29,000. Guardian Wealth Advisors LLC NC bought a new stake in JPMorgan US Quality Factor ETF during the 4th quarter valued at $43,000. CX Institutional purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 1st quarter worth $43,000. CENTRAL TRUST Co bought a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $47,000. Finally, Abound Wealth Management bought a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $55,000.

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.