KWB Wealth Acquires 82,915 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

KWB Wealth bought a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 3rd quarter, Holdings Channel.com reports. The fund bought 82,915 shares of the company’s stock, valued at approximately $6,119,000.

A number of other institutional investors have also modified their holdings of JQUA. World Investment Advisors lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.9% during the first quarter. World Investment Advisors now owns 8,608 shares of the company’s stock worth $528,000 after purchasing an additional 160 shares during the last quarter. Axis Wealth Partners LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 4.9% in the first quarter. Axis Wealth Partners LLC now owns 3,493 shares of the company’s stock valued at $214,000 after buying an additional 164 shares during the last quarter. Fiduciary Alliance LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 0.3% in the first quarter. Fiduciary Alliance LLC now owns 54,709 shares of the company’s stock valued at $3,529,000 after buying an additional 186 shares during the last quarter. Wilkerson Advisory Group LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 2.3% during the first quarter. Wilkerson Advisory Group LLC now owns 8,342 shares of the company’s stock valued at $512,000 after buying an additional 187 shares in the last quarter. Finally, Illumine Investment Management LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 1.2% during the first quarter. Illumine Investment Management LLC now owns 20,480 shares of the company’s stock valued at $1,256,000 after buying an additional 245 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 1.4%

NYSEARCA:JQUA traded down $1.04 during trading hours on Friday, reaching $74.89. 917,361 shares of the stock were exchanged, compared to its average volume of 714,138. The firm has a 50 day simple moving average of $74.55 and a 200-day simple moving average of $71.04. JPMorgan U.S. Quality Factor ETF has a 52 week low of $59.70 and a 52 week high of $76.06. The stock has a market capitalization of $9.18 billion, a P/E ratio of 23.86 and a beta of 0.90.

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.