Quadcap Wealth Management LLC Purchases New Shares in JPMorgan U.S. Quality Factor ETF $JQUA

Quadcap Wealth Management LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,257,784 shares of the company’s stock, valued at approximately $92,824,000. JPMorgan U.S. Quality Factor ETF accounts for approximately 8.4% of Quadcap Wealth Management LLC’s holdings, making the stock its biggest holding. Quadcap Wealth Management LLC owned about 1.00% of JPMorgan U.S. Quality Factor ETF at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Hughes Financial Services LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 4.5% during the third quarter. Hughes Financial Services LLC now owns 1,056,570 shares of the company’s stock valued at $80,997,000 after acquiring an additional 45,296 shares during the last quarter. Cetera Investment Advisers raised its position in shares of JPMorgan U.S. Quality Factor ETF by 41.7% in 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 in the last quarter. RVW Wealth LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth about $74,549,000. Avidian Wealth Enterprises LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $73,013,000. Finally, Midland Wealth Advisors LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $67,344,000.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $73.40 on Friday. JPMorgan U.S. Quality Factor ETF has a one year low of $59.70 and a one year high of $76.68. The stock’s 50-day moving average is $74.86 and its 200 day moving average is $69.58. The firm has a market cap of $9.29 billion, a price-to-earnings ratio of 23.53 and a beta of 0.90.

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.