117,557 Shares of JPMorgan U.S. Quality Factor ETF $JQUA Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. bought a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 117,557 shares of the company’s stock, valued at approximately $8,676,000. Focus Financial Network Inc. owned about 0.10% of JPMorgan U.S. Quality Factor ETF as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Signal Advisors Wealth LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $308,000. Foster Group Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth approximately $2,047,000. Financial Futures Ltd Liability Co. purchased a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $5,991,000. Sax Wealth Advisors LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth about $424,000. Finally, Avior Wealth Management LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $4,081,000.

JPMorgan U.S. Quality Factor ETF Stock Down 0.0%

NYSEARCA:JQUA opened at $75.71 on Wednesday. The firm has a market capitalization of $9.26 billion, a P/E ratio of 23.86 and a beta of 0.90. The company has a fifty day moving average of $74.48 and a 200 day moving average of $70.80. JPMorgan U.S. Quality Factor ETF has a 52 week low of $59.70 and a 52 week high of $76.06.

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.