Coordinated Financial Services Inc. Buys New Shares in JPMorgan U.S. Quality Factor ETF $JQUA

Coordinated Financial Services Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,600 shares of the company’s stock, valued at approximately $396,000.

Several other institutional investors have also added to or reduced their stakes in JQUA. Continuum Advisory LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 775.0% during the 1st quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock valued at $26,000 after buying an additional 403 shares during the period. DHJJ Financial Advisors Ltd. boosted its position in JPMorgan U.S. Quality Factor ETF by 68.5% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock valued at $33,000 after buying an additional 235 shares during the period. Wagner Wealth Management LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 516.3% during the 1st quarter. Wagner Wealth Management LLC now owns 604 shares of the company’s stock valued at $34,000 after buying an additional 506 shares during the period. CX Institutional purchased a new stake in JPMorgan U.S. Quality Factor ETF during the 1st quarter valued at $43,000. Finally, GPS Wealth Strategies Group LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 49.9% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 1,049 shares of the company’s stock valued at $59,000 after buying an additional 349 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Down 0.4%

Shares of JQUA opened at $62.85 on Friday. The stock has a market capitalization of $7.43 billion, a P/E ratio of 23.86 and a beta of 0.92. The firm has a fifty day simple moving average of $62.00 and a two-hundred day simple moving average of $59.27. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $63.43.

JPMorgan U.S. 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.