Octavia Wealth Advisors LLC Purchases 11,066 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Octavia Wealth Advisors LLC increased its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 335,664 shares of the company’s stock after acquiring an additional 11,066 shares during the period. JPMorgan U.S. Quality Factor ETF comprises 2.1% of Octavia Wealth Advisors LLC’s holdings, making the stock its 13th largest holding. Octavia Wealth Advisors LLC owned approximately 0.28% of JPMorgan U.S. Quality Factor ETF worth $21,117,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. LVZ Inc. raised its stake in JPMorgan U.S. Quality Factor ETF by 48.5% during the third quarter. LVZ Inc. now owns 997,493 shares of the company’s stock worth $62,752,000 after acquiring an additional 325,663 shares in the last quarter. Plan Group Financial LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at $3,539,000. Concurrent Investment Advisors LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $373,000. Financial Network Wealth Advisors LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 3.7% during the third quarter. Financial Network Wealth Advisors LLC now owns 5,574 shares of the company’s stock worth $351,000 after purchasing an additional 198 shares during the period. Finally, American Financial Advisors LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 380.7% in the third quarter. American Financial Advisors LLC now owns 22,235 shares of the company’s stock worth $1,399,000 after purchasing an additional 17,609 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 0.1%

NYSEARCA JQUA opened at $64.26 on Thursday. The company has a market capitalization of $7.71 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $64.63. The stock has a fifty day simple moving average of $63.12 and a 200 day simple moving average of $62.22.

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.