Mutual Advisors LLC Takes Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Mutual Advisors LLC bought a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,603 shares of the company’s stock, valued at approximately $555,000.

A number of other large investors have also recently modified their holdings of the stock. Archford Capital Strategies LLC boosted its stake in JPMorgan US Quality Factor ETF by 50.5% during the fourth quarter. Archford Capital Strategies LLC now owns 159,943 shares of the company’s stock worth $7,655,000 after acquiring an additional 53,679 shares in the last quarter. Redhawk Wealth Advisors Inc. bought a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth about $6,181,000. Brookstone Capital Management bought a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth about $214,000. Whittier Trust Co. of Nevada Inc. bought a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth about $61,000. Finally, Baker Tilly Wealth Management LLC bought a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth about $400,000.

JPMorgan US Quality Factor ETF Price Performance

NYSEARCA:JQUA opened at $52.75 on Thursday. JPMorgan US Quality Factor ETF has a one year low of $39.80 and a one year high of $53.03. The company’s 50-day simple moving average is $51.06 and its 200 day simple moving average is $47.25. The firm has a market capitalization of $2.21 billion, a P/E ratio of 16.88 and a beta of 0.92.

About JPMorgan US Quality Factor ETF

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.