3,584 Shares in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Acquired by Money Concepts Capital Corp

Money Concepts Capital Corp purchased a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,584 shares of the company’s stock, valued at approximately $205,000.

A number of other institutional investors have also recently made changes to their positions in JQUA. Wealth Enhancement Advisory Services LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the 4th quarter worth $36,676,000. LPL Financial LLC increased its holdings in shares of JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after buying an additional 510,409 shares during the last quarter. Mason & Associates Inc increased its holdings in shares of JPMorgan US Quality Factor ETF by 57.4% in the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after buying an additional 494,630 shares during the last quarter. Spectrum Wealth Advisory Group LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter worth $27,648,000. Finally, Tull Financial Group Inc. bought a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter worth $24,025,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $60.16 on Friday. The company’s fifty day moving average price is $58.69 and its 200-day moving average price is $56.85. The firm has a market capitalization of $4.87 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $49.60 and a one year high of $60.33.

About JPMorgan US 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.