Westover Capital Advisors LLC Buys New Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Westover Capital Advisors LLC purchased a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,607 shares of the company’s stock, valued at approximately $220,000.

Several other large investors have also recently made changes to their positions in JQUA. Envestnet Portfolio Solutions Inc. acquired a new stake in JPMorgan US Quality Factor ETF during the third quarter worth approximately $320,322,000. Signaturefd LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 2,302,419.7% in the third quarter. Signaturefd LLC now owns 4,213,611 shares of the company’s stock valued at $182,323,000 after purchasing an additional 4,213,428 shares during the period. Savant Capital LLC increased its holdings in JPMorgan US Quality Factor ETF by 3,420.3% during the 4th quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock valued at $95,941,000 after acquiring an additional 1,947,683 shares in the last quarter. First Citizens Bank & Trust Co. increased its position in JPMorgan US Quality Factor ETF by 26.8% during the third quarter. First Citizens Bank & Trust Co. now owns 7,175,361 shares of the company’s stock worth $310,478,000 after buying an additional 1,515,698 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. acquired a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $25,825,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA JQUA traded up $0.50 during trading hours on Friday, hitting $50.74. 453,355 shares of the company’s stock were exchanged, compared to its average volume of 669,166. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 24.42 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1-year low of $40.72 and a 1-year high of $53.03. The company’s 50-day moving average price is $51.62 and its 200-day moving average price is $48.55.

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.