Focus Financial Network Inc. Has $4.75 Million Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Focus Financial Network Inc. lifted its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,876 shares of the company’s stock after purchasing an additional 3,461 shares during the quarter. Focus Financial Network Inc. owned about 0.10% of JPMorgan US Quality Factor ETF worth $4,746,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in JQUA. FMR LLC boosted its holdings in JPMorgan US Quality Factor ETF by 22.9% in the third quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after acquiring an additional 3,092 shares in the last quarter. Onyx Bridge Wealth Group LLC raised its position in shares of JPMorgan US Quality Factor ETF by 1.1% during the third quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock worth $6,187,000 after purchasing an additional 1,210 shares during the period. Sequoia Financial Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the third quarter worth approximately $2,278,000. Blue Trust Inc. lifted its holdings in shares of JPMorgan US Quality Factor ETF by 7.5% in the 3rd quarter. Blue Trust Inc. now owns 44,765 shares of the company’s stock worth $2,370,000 after purchasing an additional 3,141 shares in the last quarter. Finally, Sanchez Wealth Management Group grew its position in JPMorgan US Quality Factor ETF by 3.6% in the 4th quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock valued at $16,084,000 after purchasing an additional 9,767 shares during the period.

JPMorgan US Quality Factor ETF Trading Up 0.7 %

JQUA opened at $60.19 on Tuesday. JPMorgan US Quality Factor ETF has a 1-year low of $49.60 and a 1-year high of $60.42. The company has a market cap of $4.87 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The company’s fifty day moving average price is $58.70 and its two-hundred day moving average price is $57.00.

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.