Orion Portfolio Solutions LLC Acquires 6,459 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Orion Portfolio Solutions LLC boosted its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 23.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,475 shares of the company’s stock after buying an additional 6,459 shares during the period. Orion Portfolio Solutions LLC’s holdings in JPMorgan US Quality Factor ETF were worth $1,974,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in JQUA. Cerity Partners LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the third quarter valued at approximately $918,000. FMR LLC boosted its holdings in JPMorgan US Quality Factor ETF by 22.9% during the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after acquiring an additional 3,092 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 3rd quarter worth $3,403,000. EP Wealth Advisors LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 6,754.5% in the third quarter. EP Wealth Advisors LLC now owns 140,723 shares of the company’s stock valued at $7,961,000 after purchasing an additional 138,670 shares during the last quarter. Finally, Delos Wealth Advisors LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 7.9% during the third quarter. Delos Wealth Advisors LLC now owns 65,369 shares of the company’s stock valued at $3,698,000 after purchasing an additional 4,807 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

JPMorgan US Quality Factor ETF stock opened at $56.97 on Thursday. The stock has a market cap of $5.53 billion, a PE ratio of 24.30 and a beta of 0.95. JPMorgan US Quality Factor ETF has a fifty-two week low of $49.61 and a fifty-two week high of $60.79. The firm’s 50-day simple moving average is $58.56 and its 200 day simple moving average is $58.02.

JPMorgan US Quality Factor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a $0.1591 dividend. The ex-dividend date was Tuesday, March 25th.

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.