Gateway Wealth Partners LLC Takes $289,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Gateway Wealth Partners LLC bought a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,046 shares of the company’s stock, valued at approximately $289,000.

Several other large investors have also recently added to or reduced their stakes in the business. Abound Wealth Management acquired a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at about $55,000. Fortitude Family Office LLC acquired a new position in JPMorgan US Quality Factor ETF during the third quarter worth approximately $68,000. EP Wealth Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the second quarter worth approximately $109,000. PDS Planning Inc purchased a new position in JPMorgan US Quality Factor ETF during the third quarter worth approximately $217,000. Finally, Tevis Investment Management acquired a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at $230,000.

JPMorgan US Quality Factor ETF Stock Down 0.2 %

JQUA stock opened at $59.38 on Thursday. The company has a market cap of $4.81 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The business has a fifty day simple moving average of $58.63 and a 200-day simple moving average of $56.63. JPMorgan US Quality Factor ETF has a 52 week low of $49.08 and a 52 week high of $60.33.

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.