Illumine Investment Management LLC Makes New $979,000 Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Illumine Investment Management LLC bought a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,101 shares of the company’s stock, valued at approximately $979,000.

Other large investors have also recently made changes to their positions in the company. Private Trust Co. NA boosted its holdings in JPMorgan US Quality Factor ETF by 74.0% in the 4th quarter. Private Trust Co. NA now owns 12,718 shares of the company’s stock worth $728,000 after buying an additional 5,410 shares during the last quarter. Weil Company Inc. boosted its position in shares of JPMorgan US Quality Factor ETF by 19.5% during the 4th quarter. Weil Company Inc. now owns 60,887 shares of the company’s stock valued at $3,487,000 after acquiring an additional 9,926 shares during the last quarter. Tull Financial Group Inc. lifted its holdings in JPMorgan US Quality Factor ETF by 0.9% in the fourth quarter. Tull Financial Group Inc. now owns 428,418 shares of the company’s stock valued at $24,536,000 after acquiring an additional 3,722 shares during the last quarter. Strategent Financial LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $17,942,000. Finally, WealthShield Partners LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 3.2% in the 4th quarter. WealthShield Partners LLC now owns 23,502 shares of the company’s stock valued at $1,346,000 after acquiring an additional 737 shares during the period.

JPMorgan US Quality Factor ETF Stock Down 1.0 %

JQUA opened at $58.68 on Friday. The firm has a market cap of $5.84 billion, a P/E ratio of 25.89 and a beta of 0.95. The business has a fifty day simple moving average of $58.88 and a 200-day simple moving average of $57.59. JPMorgan US Quality Factor ETF has a 52 week low of $49.60 and a 52 week high of $60.79.

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.