789,649 Shares of JPMorgan U.S. Quality Factor ETF $JQUA Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 789,649 shares of the company’s stock, valued at approximately $58,276,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quadcap Wealth Management LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $92,824,000. RVW Wealth LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $74,549,000. Avidian Wealth Enterprises LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter worth $73,013,000. Midland Wealth Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter worth $67,344,000. Finally, Commonwealth Equity Services LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter worth $61,749,000.

JPMorgan U.S. Quality Factor ETF Trading Down 0.1%

JQUA traded down $0.06 during trading on Friday, reaching $73.34. The stock had a trading volume of 1,565,156 shares, compared to its average volume of 745,156. The stock’s 50 day moving average is $74.82 and its two-hundred day moving average is $69.63. The company has a market capitalization of $9.44 billion, a price-to-earnings ratio of 23.53 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a one year low of $59.70 and a one year high of $76.68.

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.