N.E.W. Advisory Services LLC Makes New $1.66 Million Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

N.E.W. Advisory Services LLC acquired a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 34,632 shares of the company’s stock, valued at approximately $1,657,000. N.E.W. Advisory Services LLC owned 0.08% of JPMorgan US Quality Factor ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the company. SVB Wealth LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the 3rd quarter worth about $352,000. Cambridge Investment Research Advisors Inc. raised its holdings in JPMorgan US Quality Factor ETF by 62.1% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 124,622 shares of the company’s stock valued at $5,392,000 after acquiring an additional 47,735 shares during the last quarter. Raymond James & Associates raised its holdings in JPMorgan US Quality Factor ETF by 3.2% in the 3rd quarter. Raymond James & Associates now owns 172,145 shares of the company’s stock valued at $7,449,000 after acquiring an additional 5,381 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in JPMorgan US Quality Factor ETF by 27.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 197,807 shares of the company’s stock valued at $8,559,000 after acquiring an additional 43,130 shares during the last quarter. Finally, WealthShield Partners LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 54.9% in the 3rd quarter. WealthShield Partners LLC now owns 13,417 shares of the company’s stock valued at $581,000 after buying an additional 4,754 shares during the period.

JPMorgan US Quality Factor ETF Stock Up 1.0 %

Shares of JPMorgan US Quality Factor ETF stock traded up $0.52 during mid-day trading on Monday, hitting $51.26. The stock had a trading volume of 389,292 shares, compared to its average volume of 665,948. The firm has a 50-day moving average of $51.60 and a two-hundred day moving average of $48.72. JPMorgan US Quality Factor ETF has a 12-month low of $41.08 and a 12-month high of $53.03. The firm has a market cap of $4.09 billion, a P/E ratio of 24.42 and a beta of 0.94.

JPMorgan US 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.