JPMorgan U.S. Quality Factor ETF $JQUA Stock Holdings Raised by Spectrum Wealth Advisory Group LLC

Spectrum Wealth Advisory Group LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 529,822 shares of the company’s stock after purchasing an additional 12,501 shares during the period. JPMorgan U.S. Quality Factor ETF comprises 12.3% of Spectrum Wealth Advisory Group LLC’s investment portfolio, making the stock its 2nd largest position. Spectrum Wealth Advisory Group LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $33,474,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in JQUA. Savant Capital LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.8% during the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock valued at $648,035,000 after buying an additional 996,453 shares during the last quarter. JPMorgan Chase & Co. lifted its position in JPMorgan U.S. Quality Factor ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after purchasing an additional 702,461 shares during the period. Savvy Advisors Inc. lifted its position in JPMorgan U.S. Quality Factor ETF by 64.4% during the fourth quarter. Savvy Advisors Inc. now owns 1,358,559 shares of the company’s stock valued at $85,834,000 after purchasing an additional 532,063 shares during the period. Ameritas Advisory Services LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 266.7% during the third quarter. Ameritas Advisory Services LLC now owns 401,081 shares of the company’s stock valued at $25,232,000 after purchasing an additional 291,693 shares during the period. Finally, Raymond James Financial Inc. lifted its position in JPMorgan U.S. Quality Factor ETF by 23.1% during the second quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock valued at $86,976,000 after purchasing an additional 271,538 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Down 0.1%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $71.92 on Friday. The company has a market cap of $8.08 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. The company’s 50 day moving average is $66.28 and its 200 day moving average is $64.46. JPMorgan U.S. Quality Factor ETF has a twelve month low of $58.31 and a twelve month high of $72.18.

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.