West Wealth Group LLC Boosts Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

West Wealth Group LLC boosted its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 281,847 shares of the company’s stock after acquiring an additional 9,839 shares during the quarter. JPMorgan US Quality Factor ETF accounts for about 5.3% of West Wealth Group LLC’s portfolio, making the stock its 6th largest position. West Wealth Group LLC’s holdings in JPMorgan US Quality Factor ETF were worth $14,924,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Kathmere Capital Management LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 0.4% in the 2nd quarter. Kathmere Capital Management LLC now owns 59,836 shares of the company’s stock worth $3,168,000 after purchasing an additional 211 shares during the period. Koesten Hirschmann & Crabtree INC. lifted its position in shares of JPMorgan US Quality Factor ETF by 145.5% in the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after purchasing an additional 320 shares during the period. Spire Wealth Management lifted its position in shares of JPMorgan US Quality Factor ETF by 2.0% in the 4th quarter. Spire Wealth Management now owns 18,122 shares of the company’s stock worth $890,000 after purchasing an additional 348 shares during the period. Gallacher Capital Management LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 0.6% in the 1st quarter. Gallacher Capital Management LLC now owns 66,129 shares of the company’s stock worth $3,496,000 after purchasing an additional 388 shares during the period. Finally, Future Financial Wealth Managment LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 1.8% in the 1st quarter. Future Financial Wealth Managment LLC now owns 33,021 shares of the company’s stock worth $1,746,000 after purchasing an additional 574 shares during the period.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA traded up $0.47 during midday trading on Monday, reaching $55.78. The stock had a trading volume of 202,600 shares, compared to its average volume of 543,359. The firm has a market cap of $4.52 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a twelve month low of $41.37 and a twelve month high of $55.81. The company’s 50 day moving average price is $53.64 and its 200 day moving average price is $52.43.

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.