JPMorgan U.S. Quality Factor ETF $JQUA Shares Newly Purchased by Breakwater Capital Group

Breakwater Capital Group acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, Holdings Channel reports. The fund acquired 452,494 shares of the company’s stock, valued at approximately $33,394,000. JPMorgan U.S. Quality Factor ETF accounts for about 3.9% of Breakwater Capital Group’s investment portfolio, making the stock its largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Focus Partners Wealth raised its holdings in JPMorgan U.S. Quality Factor ETF by 4,153.5% in the fourth quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock worth $86,462,000 after buying an additional 1,336,332 shares during the last quarter. Quadcap Wealth Management LLC lifted its stake in shares of 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 worth $76,351,000 after buying an additional 34,752 shares in the last quarter. RVW Wealth LLC purchased 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 shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $73,013,000. Finally, Cetera Investment Advisers increased 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 valued at $63,311,000 after acquiring an additional 303,867 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Up 0.3%

Shares of JQUA opened at $75.36 on Friday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $75.69. The company has a market capitalization of $9.17 billion, a P/E ratio of 23.86 and a beta of 0.90. The firm has a 50 day moving average of $74.33 and a 200 day moving average of $70.51.

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.