Thoroughbred Financial Services LLC Acquires 2,414 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Thoroughbred Financial Services LLC boosted its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 5.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,524 shares of the company’s stock after purchasing an additional 2,414 shares during the quarter. Thoroughbred Financial Services LLC owned 0.06% of JPMorgan US Quality Factor ETF worth $2,893,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of JQUA. FPC Investment Advisory Inc. bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at about $29,000. CENTRAL TRUST Co bought a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $47,000. Abound Wealth Management acquired a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at $55,000. Fortitude Family Office LLC lifted its position in JPMorgan US Quality Factor ETF by 45.8% in the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after purchasing an additional 550 shares during the period. Finally, New Republic Capital LLC acquired a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth $107,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $54.67 on Friday. JPMorgan US Quality Factor ETF has a 52-week low of $49.61 and a 52-week high of $60.79. The firm has a market capitalization of $5.31 billion, a PE ratio of 24.30 and a beta of 0.95. The company’s fifty day moving average price is $58.46 and its two-hundred day moving average price is $58.00.

JPMorgan US Quality Factor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Investors 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.