45,732 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Acquired by SHP Wealth Management

SHP Wealth Management bought a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 45,732 shares of the company’s stock, valued at approximately $2,889,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Operose Advisors LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after purchasing an additional 235 shares during the period. Lloyd Advisory Services LLC. purchased a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter worth about $39,000. Wealth Watch Advisors INC purchased a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth about $57,000. Longview Financial Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at about $66,000. Finally, Smartleaf Asset Management LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 1,782.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after buying an additional 998 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JPMorgan U.S. Quality Factor ETF stock opened at $71.42 on Friday. The stock has a market cap of $8.03 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 1 year low of $58.31 and a 1 year high of $72.31. The firm has a 50-day moving average of $68.29 and a two-hundred day moving average of $65.12.

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.