64,842 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Bought by FDx Advisors Inc.

FDx Advisors Inc. bought a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, HoldingsChannel reports. The firm bought 64,842 shares of the company’s stock, valued at approximately $4,785,000. JPMorgan U.S. Quality Factor ETF accounts for approximately 3.4% of FDx Advisors Inc.’s holdings, making the stock its 8th biggest position.

A number of other large investors also recently modified their holdings of JQUA. Fortitude Family Office LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $29,000. Pinnacle Bancorp Inc. acquired a new position in JPMorgan U.S. Quality Factor ETF during the third quarter worth $40,000. Parallel Advisors LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the third quarter worth $41,000. Root Financial Partners LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the third quarter worth $60,000. Finally, DHJJ Financial Advisors Ltd. acquired a new position in JPMorgan U.S. Quality Factor ETF during the third quarter worth $67,000.

JPMorgan U.S. Quality Factor ETF Trading Up 1.4%

JPMorgan U.S. Quality Factor ETF stock opened at $76.21 on Thursday. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.70 and a 1-year high of $76.68. The firm has a market capitalization of $9.82 billion, a price-to-earnings ratio of 23.53 and a beta of 0.90. The firm’s fifty day moving average price is $74.88 and its two-hundred day moving average price is $69.80.

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.