Florida Financial Advisors LLC Acquires 6,907 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Florida Financial Advisors LLC boosted its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 31.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,924 shares of the company’s stock after acquiring an additional 6,907 shares during the period. JPMorgan US Quality Factor ETF accounts for about 0.7% of Florida Financial Advisors LLC’s holdings, making the stock its 26th biggest position. Florida Financial Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $1,656,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Modern Wealth Management LLC lifted its stake in JPMorgan US Quality Factor ETF by 10.9% in the fourth quarter. Modern Wealth Management LLC now owns 171,663 shares of the company’s stock valued at $10,332,000 after purchasing an additional 16,844 shares during the last quarter. LPL Financial LLC grew its position in shares of JPMorgan US Quality Factor ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 3,726,426 shares of the company’s stock valued at $213,412,000 after purchasing an additional 187,110 shares in the last quarter. Runnymede Capital Advisors Inc. bought a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at $349,000. Petra Financial Advisors Inc. lifted its holdings in JPMorgan US Quality Factor ETF by 5.6% during the 4th quarter. Petra Financial Advisors Inc. now owns 139,464 shares of the company’s stock worth $7,987,000 after purchasing an additional 7,427 shares in the last quarter. Finally, Valued Retirements Inc. boosted its stake in JPMorgan US Quality Factor ETF by 336.5% in the 4th quarter. Valued Retirements Inc. now owns 22,273 shares of the company’s stock worth $1,276,000 after purchasing an additional 17,170 shares during the period.

JPMorgan US Quality Factor ETF Stock Up 1.5 %

JQUA stock opened at $57.58 on Tuesday. JPMorgan US Quality Factor ETF has a twelve month low of $49.61 and a twelve month high of $60.79. The firm has a market capitalization of $5.61 billion, a PE ratio of 24.52 and a beta of 0.95. The stock has a 50-day simple moving average of $58.77 and a two-hundred day simple moving average of $57.94.

JPMorgan US Quality Factor ETF Company 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.