Focus Partners Advisor Solutions LLC acquired a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,599 shares of the company’s stock, valued at approximately $2,039,000.
A number of other hedge funds have also made changes to their positions in the business. Quadcap Wealth Management LLC increased its holdings in JPMorgan US Quality Factor ETF by 13.9% in the 4th quarter. Quadcap Wealth Management LLC now owns 1,291,912 shares of the company’s stock valued at $73,988,000 after purchasing an additional 158,131 shares in the last quarter. Investor s Fiduciary Advisor Network LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth about $3,507,000. Guardian Wealth Advisors LLC NC purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at about $43,000. Global Assets Advisory LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $217,000. Finally, Cary Street Partners Financial LLC purchased a new stake in JPMorgan US Quality Factor ETF during the 4th quarter worth $338,000.
JPMorgan US Quality Factor ETF Stock Performance
NYSEARCA:JQUA opened at $58.38 on Thursday. The business’s 50-day simple moving average is $55.79 and its 200 day simple moving average is $57.70. JPMorgan US Quality Factor ETF has a one year low of $49.25 and a one year high of $60.79. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 24.38 and a beta of 0.95.
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.
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