45,296 JPMorgan U.S. Quality Factor ETF $JQUA Shares Acquired by Hughes Financial Services LLC

Hughes Financial Services LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,056,570 shares of the company’s stock after acquiring an additional 45,296 shares during the period. JPMorgan U.S. Quality Factor ETF makes up approximately 10.3% of Hughes Financial Services LLC’s investment portfolio, making the stock its 2nd largest holding. Hughes Financial Services LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $80,997,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JQUA. Quadcap Wealth Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 2.9% in the first quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock valued at $76,351,000 after acquiring an additional 34,752 shares during the period. RVW Wealth LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth about $74,549,000. Avidian Wealth Enterprises LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $73,013,000. Midland Wealth Advisors LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $67,344,000. Finally, Cetera Investment Advisers raised 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 during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA:JQUA opened at $75.34 on Wednesday. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.70 and a fifty-two week high of $76.68. The stock has a market capitalization of $9.53 billion, a PE ratio of 23.53 and a beta of 0.90. The business’s 50-day simple moving average is $74.85 and its 200-day simple moving average is $69.47.

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.