Woodmont Investment Counsel LLC Acquires 7,353 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Woodmont Investment Counsel LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 147,032 shares of the company’s stock after purchasing an additional 7,353 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $8,829,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Signaturefd LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 2.2% in the second quarter. Signaturefd LLC now owns 5,501,136 shares of the company’s stock valued at $330,343,000 after acquiring an additional 120,933 shares during the period. LPL Financial LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 17.8% in the first quarter. LPL Financial LLC now owns 4,388,159 shares of the company’s stock valued at $247,799,000 after acquiring an additional 661,733 shares during the period. Sage Mountain Advisors LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 3.8% in the first quarter. Sage Mountain Advisors LLC now owns 2,496,255 shares of the company’s stock valued at $140,964,000 after acquiring an additional 92,100 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan U.S. Quality Factor ETF by 22.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 1,635,935 shares of the company’s stock valued at $92,381,000 after acquiring an additional 305,026 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 4.1% in the first quarter. Commonwealth Equity Services LLC now owns 1,351,512 shares of the company’s stock valued at $76,320,000 after acquiring an additional 53,349 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA stock opened at $63.06 on Monday. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two week high of $63.43. The business’s 50-day moving average is $61.84 and its two-hundred day moving average is $59.14. The company has a market cap of $7.37 billion, a price-to-earnings ratio of 23.86 and a beta of 0.92.

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.