Integrated Wealth Concepts LLC Increases Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Integrated Wealth Concepts LLC boosted its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 462.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 171,442 shares of the company’s stock after buying an additional 140,983 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $10,785,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of JQUA. Avidian Wealth Enterprises LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 2.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock worth $45,338,000 after purchasing an additional 19,436 shares during the last quarter. Hershey Financial Advisers LLC purchased a new position in JPMorgan U.S. Quality Factor ETF in the second quarter valued at approximately $1,066,000. HighTower Advisors LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 13.4% during the 3rd quarter. HighTower Advisors LLC now owns 385,333 shares of the company’s stock worth $24,242,000 after acquiring an additional 45,556 shares during the period. Beacon Pointe Advisors LLC bought a new position in JPMorgan U.S. Quality Factor ETF during the second quarter worth about $2,308,000. Finally, Able Wealth Management LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 50.8% during the 3rd quarter. Able Wealth Management LLC now owns 190,240 shares of the company’s stock valued at $11,968,000 after buying an additional 64,063 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JPMorgan U.S. Quality Factor ETF stock opened at $62.74 on Tuesday. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $64.90. The business has a fifty day moving average price of $63.93 and a 200-day moving average price of $63.16. The firm has a market capitalization of $7.43 billion, a P/E ratio of 23.86 and a beta of 0.93.

About JPMorgan U.S. Quality Factor ETF

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.