Wealthspire Advisors LLC Purchases New Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Wealthspire Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 33,708 shares of the company’s stock, valued at approximately $1,613,000. Wealthspire Advisors LLC owned approximately 0.08% of JPMorgan US Quality Factor ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in JQUA. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter valued at approximately $320,322,000. Signaturefd LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 2,302,419.7% in the 3rd quarter. Signaturefd LLC now owns 4,213,611 shares of the company’s stock worth $182,323,000 after acquiring an additional 4,213,428 shares during the last quarter. Savant Capital LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 3,420.3% during the 4th quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock worth $95,941,000 after acquiring an additional 1,947,683 shares during the period. First Citizens Bank & Trust Co. boosted its position in shares of JPMorgan US Quality Factor ETF by 26.8% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 7,175,361 shares of the company’s stock valued at $310,478,000 after acquiring an additional 1,515,698 shares during the last quarter. Finally, Sage Advisory Services Ltd.Co. purchased a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at about $25,825,000.

JPMorgan US Quality Factor ETF Stock Up 0.6 %

NYSEARCA:JQUA traded up $0.29 on Thursday, reaching $51.51. The company’s stock had a trading volume of 386,383 shares, compared to its average volume of 656,263. JPMorgan US Quality Factor ETF has a 12-month low of $41.08 and a 12-month high of $53.03. The stock has a 50 day moving average price of $51.60 and a 200 day moving average price of $48.80. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 24.42 and a beta of 0.94.

About JPMorgan US 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.