KWB Wealth Buys 82,915 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

KWB Wealth bought a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 82,915 shares of the company’s stock, valued at approximately $6,119,000. KWB Wealth owned about 0.07% of JPMorgan U.S. Quality Factor ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in JQUA. Quadcap Wealth Management LLC increased its position in JPMorgan U.S. Quality Factor ETF by 2.9% during the 1st quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock worth $76,351,000 after purchasing an additional 34,752 shares in the last quarter. RVW Wealth LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth $74,549,000. Avidian Wealth Enterprises LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth $73,013,000. Cetera Investment Advisers raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 41.7% in the 1st quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock valued at $63,311,000 after acquiring an additional 303,867 shares during the period. Finally, LVZ Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.6% in the 1st quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock valued at $62,380,000 after acquiring an additional 15,791 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA traded down $1.04 during midday trading on Friday, hitting $74.89. 917,361 shares of the company’s stock traded hands, compared to its average volume of 714,138. The company has a market cap of $9.18 billion, a PE ratio of 23.86 and a beta of 0.90. The firm’s fifty day moving average price is $74.55 and its two-hundred day moving average price is $71.04. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $76.06.

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.