Walled Lake Planning & Wealth Management LLC Boosts Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Walled Lake Planning & Wealth Management LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 364,507 shares of the company’s stock after acquiring an additional 9,126 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up 6.6% of Walled Lake Planning & Wealth Management LLC’s holdings, making the stock its 3rd biggest holding. Walled Lake Planning & Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $22,352,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Operose Advisors LLC increased its stake in 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 worth $38,000 after acquiring an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at approximately $39,000. Wealth Watch Advisors INC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $57,000. Smartleaf Asset Management LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after purchasing an additional 998 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter valued at approximately $71,000.

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

Shares of NYSEARCA JQUA traded up $0.10 during trading hours on Friday, hitting $72.48. 468,148 shares of the company traded hands, compared to its average volume of 798,973. The company’s 50 day moving average price is $70.27 and its 200 day moving average price is $65.98. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.23 and a 12 month high of $72.66. The stock has a market capitalization of $8.18 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91.

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.