Silver Oak Securities Incorporated Buys New Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Silver Oak Securities Incorporated purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 48,711 shares of the company’s stock, valued at approximately $3,104,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wealth Watch Advisors INC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth approximately $57,000. MCF Advisors LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $57,000. DHJJ Financial Advisors Ltd. grew its position in JPMorgan U.S. Quality Factor ETF by 56.4% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock valued at $57,000 after purchasing an additional 326 shares during the period. Parkworth Wealth Management Inc. bought a new stake in JPMorgan U.S. Quality Factor ETF during the 2nd quarter valued at $55,000. Finally, Asset Dedication LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 840.0% during the 2nd quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after purchasing an additional 840 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.2%

JQUA opened at $59.91 on Tuesday. JPMorgan U.S. Quality Factor ETF has a 1-year low of $49.25 and a 1-year high of $64.90. The company has a market cap of $7.10 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. The company’s fifty day moving average price is $63.37 and its two-hundred day moving average price is $63.12.

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.