JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) is Spectrum Wealth Advisory Group LLC’s Largest Position

Spectrum Wealth Advisory Group LLC raised its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 21.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 592,577 shares of the company’s stock after buying an additional 103,845 shares during the quarter. JPMorgan US Quality Factor ETF comprises about 16.0% of Spectrum Wealth Advisory Group LLC’s holdings, making the stock its largest position. Spectrum Wealth Advisory Group LLC’s holdings in JPMorgan US Quality Factor ETF were worth $33,937,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Savant Capital LLC grew its position in JPMorgan US Quality Factor ETF by 21.6% during the fourth quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock worth $356,484,000 after buying an additional 1,104,556 shares in the last quarter. Signaturefd LLC lifted its stake in JPMorgan US Quality Factor ETF by 1.2% during the third quarter. Signaturefd LLC now owns 5,533,652 shares of the company’s stock worth $313,039,000 after purchasing an additional 66,260 shares during the last quarter. LPL Financial LLC lifted its stake 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 worth $200,219,000 after purchasing an additional 510,409 shares during the last quarter. ST Germain D J Co. Inc. lifted its stake in JPMorgan US Quality Factor ETF by 1.7% during the fourth quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock worth $153,647,000 after purchasing an additional 44,726 shares during the last quarter. Finally, Townsquare Capital LLC lifted its stake in JPMorgan US Quality Factor ETF by 6.1% during the third quarter. Townsquare Capital LLC now owns 1,415,009 shares of the company’s stock worth $80,047,000 after purchasing an additional 81,577 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Down 0.4 %

Shares of JQUA stock opened at $60.41 on Friday. The business has a 50-day moving average price of $58.72 and a two-hundred day moving average price of $57.16. JPMorgan US Quality Factor ETF has a 12-month low of $49.60 and a 12-month high of $60.63. The firm has a market cap of $4.89 billion, a P/E ratio of 25.27 and a beta of 0.94.

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.