Warren Street Wealth Advisors LLC Purchases 25,360 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Warren Street Wealth Advisors LLC increased its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 679,158 shares of the company’s stock after buying an additional 25,360 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for about 10.6% of Warren Street Wealth Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Warren Street Wealth Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $41,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of JQUA. Operose Advisors LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after purchasing an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at approximately $39,000. Wealth Watch Advisors INC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth $57,000. Smartleaf Asset Management LLC increased its position in JPMorgan U.S. Quality Factor ETF by 1,782.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after acquiring an additional 998 shares during the period. Finally, Longview Financial Advisors LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at $66,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA:JQUA opened at $71.42 on Monday. The firm’s 50-day moving average is $68.29 and its 200-day moving average is $65.14. The company has a market cap of $8.03 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 52-week low of $58.31 and a 52-week high of $72.31.

About JPMorgan U.S. Quality Factor ETF

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.