JPMorgan U.S. Quality Factor ETF $JQUA Stock Position Raised by Midland Wealth Advisors LLC

Midland Wealth Advisors LLC grew its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,026,359 shares of the company’s stock after buying an additional 53,000 shares during the period. JPMorgan U.S. Quality Factor ETF makes up about 6.7% of Midland Wealth Advisors LLC’s holdings, making the stock its 7th biggest holding. Midland Wealth Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $121,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in JQUA. Atlantic Union Bankshares Corp purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter valued at $25,000. Harbour Investments Inc. grew its position in JPMorgan U.S. Quality Factor ETF by 26.5% in the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares in the last quarter. Hughes Financial Services LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 204.1% in the second quarter. Hughes Financial Services LLC now owns 967 shares of the company’s stock valued at $59,000 after acquiring an additional 649 shares during the last quarter. GPS Wealth Strategies Group LLC raised its position in JPMorgan U.S. Quality Factor ETF by 19.2% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock valued at $75,000 after purchasing an additional 201 shares in the last quarter. Finally, AE Wealth Management LLC raised its position in JPMorgan U.S. Quality Factor ETF by 11.8% during the second quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock valued at $107,000 after purchasing an additional 187 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.5%

JQUA opened at $61.93 on Monday. The stock has a 50-day moving average price of $62.56 and a 200-day moving average price of $60.61. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $63.74. The stock has a market capitalization of $7.36 billion, a P/E ratio of 23.86 and a beta of 0.93.

JPMorgan U.S. 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.