Runnymede Capital Advisors Inc. Invests $349,000 in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Runnymede Capital Advisors Inc. purchased a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,088 shares of the company’s stock, valued at approximately $349,000.

A number of other hedge funds have also made changes to their positions in the stock. Nations Financial Group Inc. IA ADV lifted its position in shares of JPMorgan US Quality Factor ETF by 1.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock worth $1,081,000 after purchasing an additional 201 shares in the last quarter. Private Trust Co. NA raised its position in JPMorgan US Quality Factor ETF by 4.9% during the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock valued at $413,000 after acquiring an additional 343 shares in the last quarter. FPC Investment Advisory Inc. bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $29,000. Fortitude Family Office LLC raised its position in JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after acquiring an additional 550 shares in the last quarter. Finally, WealthShield Partners LLC raised its position in JPMorgan US Quality Factor ETF by 3.2% during the fourth quarter. WealthShield Partners LLC now owns 23,502 shares of the company’s stock valued at $1,346,000 after acquiring an additional 737 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA opened at $56.72 on Friday. The firm has a market cap of $5.52 billion, a PE ratio of 24.52 and a beta of 0.95. The firm’s 50 day moving average price is $58.75 and its 200 day moving average price is $57.87. JPMorgan US Quality Factor ETF has a twelve month low of $49.61 and a twelve month high of $60.79.

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.