Thoroughbred Financial Services LLC Boosts Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Thoroughbred Financial Services LLC raised its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 10.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 57,366 shares of the company’s stock after buying an additional 5,440 shares during the period. Thoroughbred Financial Services LLC owned 0.05% of JPMorgan U.S. Quality Factor ETF worth $3,444,000 as of its most recent filing with the SEC.

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

NYSEARCA JQUA opened at $62.01 on Friday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $63.74. The company has a market capitalization of $7.37 billion, a P/E ratio of 23.86 and a beta of 0.93. The company has a fifty day moving average of $62.62 and a 200-day moving average of $60.78.

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.