JPMorgan Chase & Co. Makes New Investment in Hartford Quality Value ETF (NYSEARCA:QUVU)

JPMorgan Chase & Co. acquired a new position in shares of Hartford Quality Value ETF (NYSEARCA:QUVU) during the third quarter, Holdings Channel reports. The institutional investor acquired 111,392 shares of the company’s stock, valued at approximately $2,912,000.

Separately, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Hartford Quality Value ETF by 3.0% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 65,824 shares of the company’s stock valued at $1,721,000 after buying an additional 1,924 shares during the period.

Hartford Quality Value ETF Stock Performance

Shares of Hartford Quality Value ETF stock opened at $25.18 on Monday. The business has a 50-day simple moving average of $25.68 and a 200-day simple moving average of $25.60. Hartford Quality Value ETF has a one year low of $22.06 and a one year high of $27.20. The company has a market cap of $178.78 million, a PE ratio of 16.51 and a beta of 0.66.

Hartford Quality Value ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.5251 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Hartford Quality Value ETF Profile

The Hartford Quality Value ETF (QUVU) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed, seeking long-term capital appreciation by investing in large-cap US stocks perceived to be trading at a discount to their intrinsic value. QUVU was launched on Oct 13, 2023 and is issued by The Hartford.