LVZ Inc. Purchases 15,791 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

LVZ Inc. raised its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 1.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,017,280 shares of the company’s stock after buying an additional 15,791 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises about 7.1% of LVZ Inc.’s portfolio, making the stock its 6th largest holding. LVZ Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $62,380,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in JQUA. Operose Advisors LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after acquiring an additional 235 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter worth approximately $39,000. Wealth Watch Advisors INC bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $57,000. Smartleaf Asset Management LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 1,782.1% in the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after acquiring an additional 998 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at approximately $71,000.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $71.98 on Monday. The business has a fifty day moving average price of $69.64 and a two-hundred day moving average price of $65.69. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.23 and a fifty-two week high of $72.66. The stock has a market capitalization of $8.12 billion, a PE ratio of 23.86 and a beta of 0.91.

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.