JPMorgan U.S. Quality Factor ETF $JQUA Shares Newly Acquired by Seamount Financial Group Inc.

Seamount Financial Group Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, Holdings Channel reports. The firm bought 156,105 shares of the company’s stock, valued at approximately $11,521,000. JPMorgan U.S. Quality Factor ETF comprises 4.5% of Seamount Financial Group Inc.’s investment portfolio, making the stock its 3rd largest position.

Other institutional investors also recently bought and sold shares of the company. Quadcap Wealth Management LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 2.9% during the first quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock worth $76,351,000 after purchasing an additional 34,752 shares during the period. Cetera Investment Advisers lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 41.7% during the first quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock worth $63,311,000 after purchasing an additional 303,867 shares in the last quarter. LVZ Inc. lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.6% during the first quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock worth $62,380,000 after purchasing an additional 15,791 shares in the last quarter. RVW Wealth LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $74,549,000. Finally, Avidian Wealth Enterprises LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $73,013,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $76.32 on Thursday. The stock has a market capitalization of $9.36 billion, a P/E ratio of 23.86 and a beta of 0.90. The company has a 50 day moving average price of $74.62 and a 200 day moving average price of $71.42. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.70 and a fifty-two week high of $76.44.

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.