Cadent Capital Advisors LLC Makes New Investment in JPMorgan U.S. Quality Factor ETF $JQUA

Cadent Capital Advisors LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 146,091 shares of the company’s stock, valued at approximately $10,781,000. JPMorgan U.S. Quality Factor ETF comprises 2.3% of Cadent Capital Advisors LLC’s portfolio, making the stock its 12th largest holding. Cadent Capital Advisors LLC owned approximately 0.12% of JPMorgan U.S. Quality Factor ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in JQUA. Focus Partners Wealth lifted its stake 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 purchasing 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% during the 1st quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock worth $76,351,000 after acquiring an additional 34,752 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 41.7% during the 1st quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock worth $63,311,000 after acquiring an additional 303,867 shares during the last quarter. LVZ Inc. boosted its holdings in JPMorgan U.S. Quality Factor ETF by 1.6% during the 1st quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock valued at $62,380,000 after acquiring an additional 15,791 shares during the period. Finally, RVW Wealth LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $74,549,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA stock traded up $0.46 during midday trading on Friday, reaching $75.81. The company’s stock had a trading volume of 140,755 shares, compared to its average volume of 705,862. JPMorgan U.S. Quality Factor ETF has a 1 year low of $59.70 and a 1 year high of $75.85. The firm has a market capitalization of $9.23 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The stock has a fifty day simple moving average of $74.33 and a two-hundred day simple moving average of $70.51.

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.