JPMorgan U.S. Quality Factor ETF $JQUA Position Raised by Spectrum Wealth Advisory Group LLC

Spectrum Wealth Advisory Group LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 529,822 shares of the company’s stock after purchasing an additional 12,501 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises 12.3% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 2nd largest position. Spectrum Wealth Advisory Group LLC owned approximately 0.45% of JPMorgan U.S. Quality Factor ETF worth $33,474,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Florida Financial Advisors LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 1.0% in the fourth quarter. Florida Financial Advisors LLC now owns 16,767 shares of the company’s stock worth $1,048,000 after purchasing an additional 161 shares during the period. Beacon Bridge Wealth Partners LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 1.5% in the third quarter. Beacon Bridge Wealth Partners LLC now owns 13,039 shares of the company’s stock worth $820,000 after purchasing an additional 190 shares during the period. Redwood Financial Network Corp grew its holdings in JPMorgan U.S. Quality Factor ETF by 5.7% in the second quarter. Redwood Financial Network Corp now owns 4,263 shares of the company’s stock worth $256,000 after purchasing an additional 228 shares during the period. Operose Advisors LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after purchasing an additional 235 shares during the period. Finally, SeaCrest Wealth Management LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 6.3% in the third quarter. SeaCrest Wealth Management LLC now owns 4,062 shares of the company’s stock worth $256,000 after purchasing an additional 240 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA opened at $71.92 on Friday. The stock has a market cap of $8.08 billion, a PE ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $58.31 and a fifty-two week high of $72.18. The firm’s 50-day simple moving average is $66.28 and its two-hundred day simple moving average is $64.46.

JPMorgan U.S. 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.