Stratos Wealth Partners LTD. Has $23.11 Million Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Stratos Wealth Partners LTD. grew its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 403,593 shares of the company’s stock after purchasing an additional 2,264 shares during the period. Stratos Wealth Partners LTD. owned approximately 0.50% of JPMorgan US Quality Factor ETF worth $23,114,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC bought a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at $36,676,000. LPL Financial LLC raised its holdings in JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after acquiring an additional 510,409 shares in the last quarter. Mason & Associates Inc grew its stake in JPMorgan US Quality Factor ETF by 57.4% in the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after purchasing an additional 494,630 shares in the last quarter. Spectrum Wealth Advisory Group LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the 3rd quarter worth approximately $27,648,000. Finally, Tull Financial Group Inc. acquired a new stake in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at approximately $24,025,000.

JPMorgan US Quality Factor ETF Trading Up 0.5 %

NYSEARCA JQUA opened at $59.71 on Wednesday. The firm’s fifty day moving average price is $58.66 and its two-hundred day moving average price is $56.81. JPMorgan US Quality Factor ETF has a 1 year low of $49.60 and a 1 year high of $60.33. The firm has a market capitalization of $4.83 billion, a P/E ratio of 25.27 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.