N.E.W. Advisory Services LLC Buys 28,514 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

N.E.W. Advisory Services LLC lifted its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 44.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 92,081 shares of the company’s stock after acquiring an additional 28,514 shares during the quarter. N.E.W. Advisory Services LLC owned about 0.11% of JPMorgan US Quality Factor ETF worth $5,273,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Allworth Financial LP boosted its stake in shares of JPMorgan US Quality Factor ETF by 5.6% during the 3rd quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock worth $273,000 after acquiring an additional 258 shares in the last quarter. Baker Tilly Wealth Management LLC boosted its stake in shares of JPMorgan US Quality Factor ETF by 5.7% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock worth $361,000 after acquiring an additional 342 shares in the last quarter. Private Trust Co. NA boosted its stake in shares of JPMorgan US Quality Factor ETF by 4.9% during the 3rd quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock worth $413,000 after acquiring an additional 343 shares in the last quarter. Patten Group Inc. boosted its stake in shares of JPMorgan US Quality Factor ETF by 4.2% during the 3rd quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock worth $510,000 after acquiring an additional 366 shares in the last quarter. Finally, Future Financial Wealth Managment LLC boosted its stake in shares of JPMorgan US Quality Factor ETF by 1.4% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 32,873 shares of the company’s stock worth $1,860,000 after acquiring an additional 445 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

JQUA opened at $59.57 on Friday. The company has a market cap of $4.82 billion, a PE ratio of 25.27 and a beta of 0.94. The stock has a 50-day moving average of $58.67 and a 200-day moving average of $56.69. JPMorgan US Quality Factor ETF has a 52-week low of $49.08 and a 52-week high of $60.33.

About JPMorgan US Quality Factor ETF

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.