Lawood & Co. Makes New Investment in JPMorgan U.S. Quality Factor ETF $JQUA

Lawood & Co. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, Holdings Channel.com reports. The fund purchased 124,650 shares of the company’s stock, valued at approximately $7,875,000. JPMorgan U.S. Quality Factor ETF makes up approximately 7.5% of Lawood & Co.’s portfolio, making the stock its largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Avidian Wealth Enterprises LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 2.8% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock worth $45,338,000 after buying an additional 19,436 shares in the last quarter. HighTower Advisors LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 13.4% during the 3rd quarter. HighTower Advisors LLC now owns 385,333 shares of the company’s stock worth $24,242,000 after buying an additional 45,556 shares in the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 71.9% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 313,401 shares of the company’s stock worth $19,801,000 after buying an additional 131,103 shares in the last quarter. Breakwater Capital Group raised its position in shares of JPMorgan U.S. Quality Factor ETF by 11.4% during the 4th quarter. Breakwater Capital Group now owns 414,268 shares of the company’s stock worth $26,173,000 after buying an additional 42,271 shares in the last quarter. Finally, BridgePort Financial Solutions LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 30.0% during the 3rd quarter. BridgePort Financial Solutions LLC now owns 117,813 shares of the company’s stock worth $7,412,000 after buying an additional 27,177 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $68.07 on Friday. The company’s 50 day simple moving average is $64.15 and its 200 day simple moving average is $63.69. JPMorgan U.S. Quality Factor ETF has a 12 month low of $57.69 and a 12 month high of $68.67. The company has a market capitalization of $7.65 billion, a P/E ratio of 23.86 and a beta of 0.90.

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.