Redhawk Wealth Advisors Inc. Has $8.02 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Redhawk Wealth Advisors Inc. lifted its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 139,954 shares of the company’s stock after buying an additional 3,904 shares during the period. JPMorgan US Quality Factor ETF comprises approximately 1.1% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 21st largest position. Redhawk Wealth Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $8,015,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Allworth Financial LP grew its stake in JPMorgan US Quality Factor ETF by 5.6% during the third quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock worth $273,000 after purchasing an additional 258 shares during the period. Baker Tilly Wealth Management LLC boosted its holdings in shares of JPMorgan US Quality Factor ETF by 5.7% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock worth $361,000 after buying an additional 342 shares in the last quarter. Private Trust Co. NA grew its position in shares of JPMorgan US Quality Factor ETF by 4.9% during the 3rd quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock worth $413,000 after buying an additional 343 shares during the period. Patten Group Inc. grew its position in shares of JPMorgan US Quality Factor ETF by 4.2% during the 3rd quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock worth $510,000 after buying an additional 366 shares during the period. Finally, 3Chopt Investment Partners LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 2.6% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 15,486 shares of the company’s stock valued at $820,000 after acquiring an additional 392 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Up 1.2 %

Shares of NYSEARCA JQUA opened at $57.86 on Thursday. The firm has a market cap of $4.68 billion, a PE ratio of 25.27 and a beta of 0.94. The company’s fifty day simple moving average is $58.48 and its 200 day simple moving average is $56.22. JPMorgan US Quality Factor ETF has a 12-month low of $47.72 and a 12-month 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.