N.E.W. Advisory Services LLC Takes $1.66 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

N.E.W. Advisory Services LLC purchased a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 34,632 shares of the company’s stock, valued at approximately $1,657,000.

A number of other institutional investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter worth $320,322,000. Signaturefd LLC grew 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 worth $182,323,000 after acquiring an additional 4,213,428 shares during the last quarter. Savant Capital LLC boosted its stake in JPMorgan US Quality Factor ETF by 3,420.3% during the fourth quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock worth $95,941,000 after buying an additional 1,947,683 shares in the last quarter. First Citizens Bank & Trust Co. boosted its stake 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 JPMorgan US Quality Factor ETF during the fourth quarter worth $25,825,000.

JPMorgan US Quality Factor ETF Stock Up 1.0 %

JQUA traded up $0.52 during trading on Monday, reaching $51.26. 389,292 shares of the company’s stock were exchanged, compared to its average volume of 665,948. JPMorgan US Quality Factor ETF has a fifty-two week low of $41.08 and a fifty-two week high of $53.03. The business has a 50 day moving average price of $51.60 and a 200 day moving average price of $48.72. The company has a market capitalization of $4.09 billion, a P/E ratio of 24.42 and a beta of 0.94.

JPMorgan US Quality Factor ETF 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.