Cornerstone Wealth LLC TN Takes $7.78 Million Position in JPMorgan U.S. Quality Factor ETF $JQUA

Cornerstone Wealth LLC TN purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUAFree Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 118,802 shares of the company’s stock, valued at approximately $7,783,000. JPMorgan U.S. Quality Factor ETF comprises 4.4% of Cornerstone Wealth LLC TN’s portfolio, making the stock its 4th biggest position.

Other hedge funds have also bought and sold shares of the company. Operose Advisors LLC boosted its position 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 last quarter. Lloyd Advisory Services LLC. bought a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at $39,000. Wealth Watch Advisors INC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at $57,000. Smartleaf Asset Management LLC increased its position in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after purchasing an additional 998 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter valued at $71,000.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $71.60 on Thursday. The business’s fifty day moving average is $71.28 and its 200-day moving average is $66.73. The stock has a market capitalization of $8.14 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a one year low of $59.46 and a one year high of $72.68.

About JPMorgan U.S. Quality Factor ETF

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

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