JPMorgan U.S. Quality Factor ETF $JQUA Stake Increased by Walled Lake Planning & Wealth Management LLC

Walled Lake Planning & Wealth Management LLC boosted its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 31.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 367,802 shares of the company’s stock after purchasing an additional 87,504 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up 7.2% of Walled Lake Planning & Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position. Walled Lake Planning & Wealth Management LLC owned about 0.32% of JPMorgan U.S. Quality Factor ETF worth $22,087,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Atlantic Union Bankshares Corp purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the second quarter worth about $25,000. Harbour Investments Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 26.5% during the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares during the period. Hughes Financial Services LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 204.1% during the 2nd quarter. Hughes Financial Services LLC now owns 967 shares of the company’s stock worth $59,000 after acquiring an additional 649 shares during the period. GPS Wealth Strategies Group LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 19.2% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock worth $75,000 after purchasing an additional 201 shares in the last quarter. Finally, AE Wealth Management LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 11.8% in the 2nd quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock valued at $107,000 after purchasing an additional 187 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA opened at $61.15 on Friday. The firm has a market capitalization of $7.27 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $63.74. The company has a fifty day moving average price of $62.48 and a 200-day moving average price of $60.97.

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.