N.E.W. Advisory Services LLC Increases Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

N.E.W. Advisory Services LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 588.3% in the 4th quarter, HoldingsChannel reports. The firm owned 144,817 shares of the company’s stock after acquiring an additional 123,777 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $9,150,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Savant Capital LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 10.5% in the 3rd quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock worth $582,579,000 after acquiring an additional 878,484 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in JPMorgan U.S. Quality Factor ETF by 53.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock worth $127,575,000 after acquiring an additional 702,461 shares during the last quarter. Warren Street Wealth Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth about $40,299,000. Savvy Advisors Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 64.4% in the 4th quarter. Savvy Advisors Inc. now owns 1,358,559 shares of the company’s stock worth $85,834,000 after acquiring an additional 532,063 shares during the last quarter. Finally, LVZ Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 48.5% in the 3rd quarter. LVZ Inc. now owns 997,493 shares of the company’s stock worth $62,752,000 after acquiring an additional 325,663 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA opened at $65.77 on Friday. The business has a 50-day moving average of $63.25 and a 200 day moving average of $63.23. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $54.23 and a fifty-two week high of $66.10. The firm has a market cap of $7.39 billion, a P/E ratio of 23.86 and a beta of 0.91.

JPMorgan U.S. 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.