Diversify Wealth Management LLC Invests $2.77 Million in JPMorgan U.S. Quality Factor ETF $JQUA

Diversify Wealth Management LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 1st quarter, HoldingsChannel reports. The institutional investor acquired 42,191 shares of the company’s stock, valued at approximately $2,772,000.

Other hedge funds also recently modified their holdings of the company. Focus Partners Wealth boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 4,153.5% in the fourth quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock worth $86,462,000 after buying an additional 1,336,332 shares during the period. Savant Capital LLC raised its position in JPMorgan U.S. Quality Factor ETF by 10.8% during the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock valued at $648,035,000 after buying an additional 996,453 shares during the period. Hughes Financial Services LLC raised its position in JPMorgan U.S. Quality Factor ETF by 15,645.5% during the fourth quarter. Hughes Financial Services LLC now owns 876,395 shares of the company’s stock valued at $55,371,000 after buying an additional 870,829 shares during the period. UMB Bank n.a. lifted its stake in JPMorgan U.S. Quality Factor ETF by 4,731.9% in the 4th quarter. UMB Bank n.a. now owns 750,679 shares of the company’s stock worth $47,428,000 after acquiring an additional 735,143 shares in the last quarter. Finally, Savvy Advisors Inc. lifted its stake 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 in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.5%

Shares of NYSEARCA JQUA opened at $72.15 on Tuesday. JPMorgan U.S. Quality Factor ETF has a one year low of $59.23 and a one year high of $72.66. The firm has a market capitalization of $8.15 billion, a PE ratio of 23.86 and a beta of 0.91. The business has a 50-day moving average price of $70.38 and a two-hundred day moving average price of $66.05.

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.