Warren Street Wealth Advisors LLC Makes New $40.30 Million Investment in JPMorgan U.S. Quality Factor ETF $JQUA

Warren Street Wealth Advisors LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 640,580 shares of the company’s stock, valued at approximately $40,299,000. JPMorgan U.S. Quality Factor ETF comprises approximately 12.0% of Warren Street Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Warren Street Wealth Advisors LLC owned 0.54% of JPMorgan U.S. Quality Factor ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Atlantic Union Bankshares Corp bought a new stake in JPMorgan U.S. Quality Factor ETF during the 2nd quarter valued at $25,000. Harbour Investments Inc. increased its position in shares of JPMorgan U.S. Quality Factor ETF by 26.5% in the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after acquiring an additional 190 shares during the period. Parkworth Wealth Management Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the second quarter valued at about $55,000. Asset Dedication LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 840.0% during the second quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after acquiring an additional 840 shares during the last quarter. Finally, Hughes Financial Services LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 204.1% during the second quarter. Hughes Financial Services LLC now owns 967 shares of the company’s stock worth $59,000 after purchasing an additional 649 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $64.05 on Monday. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $64.35. The stock has a market capitalization of $7.62 billion, a PE ratio of 23.86 and a beta of 0.93. The business’s 50-day moving average is $62.84 and its 200 day moving average is $61.81.

JPMorgan U.S. Quality Factor ETF 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.