JPMorgan Chase & Co. Purchases 302,640 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

JPMorgan Chase & Co. lifted its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 29.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,325,435 shares of the company’s stock after acquiring an additional 302,640 shares during the quarter. JPMorgan Chase & Co.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $79,592,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Keystone Global Partners LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 77.7% in the second quarter. Keystone Global Partners LLC now owns 117,713 shares of the company’s stock valued at $7,069,000 after purchasing an additional 51,468 shares during the period. Sovran Advisors LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the 2nd quarter worth approximately $221,000. Western Wealth Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 2.9% in the 2nd quarter. Western Wealth Management LLC now owns 64,975 shares of the company’s stock valued at $3,902,000 after buying an additional 1,836 shares in the last quarter. Woodmont Investment Counsel LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 5.3% in the 2nd quarter. Woodmont Investment Counsel LLC now owns 147,032 shares of the company’s stock valued at $8,829,000 after buying an additional 7,353 shares in the last quarter. Finally, Brueske Advisory Services LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 97.3% during the 2nd quarter. Brueske Advisory Services LLC now owns 33,876 shares of the company’s stock valued at $2,034,000 after acquiring an additional 16,706 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA:JQUA opened at $63.09 on Friday. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $63.74. The stock’s fifty day moving average price is $62.47 and its two-hundred day moving average price is $61.13. The company has a market cap of $7.50 billion, a P/E ratio of 23.86 and a beta of 0.93.

JPMorgan U.S. Quality Factor ETF Company 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.