Golden State Wealth Management LLC Makes New $4.95 Million Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Golden State Wealth Management LLC acquired a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 86,362 shares of the company’s stock, valued at approximately $4,946,000. JPMorgan US Quality Factor ETF makes up about 0.7% of Golden State Wealth Management LLC’s holdings, making the stock its 26th largest position. Golden State Wealth Management LLC owned about 0.11% of JPMorgan US Quality Factor ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Allworth Financial LP increased its stake in JPMorgan US Quality Factor ETF by 5.6% in the 3rd quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock valued at $273,000 after purchasing an additional 258 shares in the last quarter. Baker Tilly Wealth Management LLC raised its position in JPMorgan US Quality Factor ETF by 5.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock worth $361,000 after acquiring an additional 342 shares during the last quarter. Private Trust Co. NA grew its position 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 valued at $413,000 after purchasing an additional 343 shares during the last quarter. Patten Group Inc. raised its position in shares of JPMorgan US Quality Factor ETF by 4.2% during the 3rd 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. Finally, Fortitude Family Office LLC lifted its stake in JPMorgan US Quality Factor ETF by 45.8% in the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after buying an additional 550 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Up 0.0 %

NYSEARCA JQUA opened at $60.16 on Friday. JPMorgan US Quality Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $60.33. The business has a fifty day moving average of $58.69 and a 200-day moving average of $56.85. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.