170,851 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Acquired by Independent Financial Group LLC

Independent Financial Group LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 170,851 shares of the company’s stock, valued at approximately $10,477,000.

Other large investors have also bought and sold shares of the company. Cresset Asset Management LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 12.5% during the 2nd quarter. Cresset Asset Management LLC now owns 6,696 shares of the company’s stock worth $402,000 after acquiring an additional 745 shares during the period. Qube Research & Technologies Ltd lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 16.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,886 shares of the company’s stock valued at $233,000 after purchasing an additional 541 shares during the period. Main Street Financial Solutions LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at $1,062,000. Betterment LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 49.2% in the 2nd quarter. Betterment LLC now owns 8,721 shares of the company’s stock worth $524,000 after purchasing an additional 2,875 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 23.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock worth $86,976,000 after purchasing an additional 271,538 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Up 0.2%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $72.11 on Friday. The business has a fifty day simple moving average of $70.67 and a 200 day simple moving average of $66.23. The stock has a market cap of $8.15 billion, a PE ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.46 and a 12 month high of $72.66.

About JPMorgan U.S. 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.