Arrowroot Family Office LLC Invests $3.59 Million in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Arrowroot Family Office LLC bought a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 63,403 shares of the company’s stock, valued at approximately $3,587,000. JPMorgan US Quality Factor ETF makes up about 2.1% of Arrowroot Family Office LLC’s investment portfolio, making the stock its 14th largest holding. Arrowroot Family Office LLC owned approximately 0.08% of JPMorgan US Quality Factor ETF as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of JQUA. Allworth Financial LP increased 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 valued at $273,000 after buying an additional 258 shares in the last quarter. Aveo Capital Partners LLC raised its holdings in JPMorgan US Quality Factor ETF by 2.7% in the 2nd quarter. Aveo Capital Partners LLC now owns 10,549 shares of the company’s stock worth $559,000 after acquiring an additional 273 shares during the last quarter. Baker Tilly Wealth Management LLC boosted its stake in JPMorgan US Quality Factor ETF by 5.7% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock valued at $361,000 after purchasing an additional 342 shares during the last quarter. Private Trust Co. NA raised its stake in shares of JPMorgan US Quality Factor ETF by 4.9% in the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock worth $413,000 after purchasing an additional 343 shares during the last quarter. Finally, Patten Group Inc. raised its stake in shares of JPMorgan US Quality Factor ETF by 4.2% in the third quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock worth $510,000 after purchasing an additional 366 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Up 0.3 %

Shares of JPMorgan US Quality Factor ETF stock opened at $59.72 on Monday. JPMorgan US Quality Factor ETF has a twelve month low of $45.45 and a twelve month high of $59.82. The company’s 50 day moving average is $57.42 and its 200 day moving average is $54.87. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

JPMorgan US Quality Factor ETF 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.