Maridea Wealth Management LLC Takes Position in JPMorgan U.S. Quality Factor ETF $JQUA

Maridea Wealth Management LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 62,004 shares of the company’s stock, valued at approximately $3,894,000. Maridea Wealth Management LLC owned 0.05% of JPMorgan U.S. Quality Factor ETF 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 JQUA. Harbour Investments Inc. boosted its position in shares of 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 purchasing an additional 190 shares in the last quarter. Avidian Wealth Enterprises LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 5.1% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 701,245 shares of the company’s stock valued at $42,110,000 after purchasing an additional 33,913 shares during the period. D.A. Davidson & CO. grew its position in shares of JPMorgan U.S. Quality Factor ETF by 286.9% during the 2nd quarter. D.A. Davidson & CO. now owns 77,095 shares of the company’s stock valued at $4,630,000 after acquiring an additional 57,170 shares during the period. Patten Group Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 11.8% in the second quarter. Patten Group Inc. now owns 9,684 shares of the company’s stock worth $582,000 after buying an additional 1,021 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 1.7% in the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 119,632 shares of the company’s stock worth $7,184,000 after acquiring an additional 2,005 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $63.62 on Wednesday. The stock has a fifty day moving average of $63.92 and a 200-day moving average of $62.83. The stock has a market cap of $7.54 billion, a PE ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two week high of $64.90.

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.