Essex Financial Services Inc. Invests $213,000 in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Essex Financial Services Inc. acquired a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,715 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors also recently modified their holdings of JQUA. Savant Capital LLC raised its stake in JPMorgan US Quality Factor ETF by 21.6% during the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after buying an additional 1,104,556 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth $36,676,000. LPL Financial LLC increased its position in JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after acquiring an additional 510,409 shares during the last quarter. Mason & Associates Inc lifted its holdings in JPMorgan US Quality Factor ETF by 57.4% in the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after acquiring an additional 494,630 shares during the period. Finally, Spectrum Wealth Advisory Group LLC purchased a new position in JPMorgan US Quality Factor ETF in the third quarter worth about $27,648,000.

JPMorgan US Quality Factor ETF Stock Up 1.1 %

JPMorgan US Quality Factor ETF stock opened at $60.63 on Friday. JPMorgan US Quality Factor ETF has a 52-week low of $49.60 and a 52-week high of $60.64. The company has a market cap of $4.91 billion, a P/E ratio of 25.27 and a beta of 0.94. The business has a 50-day simple moving average of $58.72 and a two-hundred day simple moving average of $57.09.

JPMorgan US 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.