Wedbush Securities Inc. Buys 630 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Wedbush Securities Inc. boosted its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 10.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,683 shares of the company’s stock after purchasing an additional 630 shares during the quarter. Wedbush Securities Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $383,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Savant Capital LLC raised its position in shares of JPMorgan US Quality Factor ETF by 21.6% in the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after buying an additional 1,104,556 shares in the last quarter. LPL Financial LLC increased its stake in JPMorgan US Quality Factor ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 3,726,426 shares of the company’s stock valued at $213,412,000 after acquiring an additional 187,110 shares during the last quarter. ST Germain D J Co. Inc. raised its position 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 valued at $153,647,000 after purchasing an additional 44,726 shares in the last quarter. Sage Mountain Advisors LLC lifted its stake in JPMorgan US Quality Factor ETF by 34.2% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock worth $137,686,000 after purchasing an additional 612,953 shares during the last quarter. Finally, Mason & Associates Inc boosted its holdings in shares of JPMorgan US Quality Factor ETF by 57.4% in the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after purchasing an additional 494,630 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Down 1.7 %

JPMorgan US Quality Factor ETF stock opened at $50.39 on Wednesday. The business’s 50-day moving average price is $57.78 and its two-hundred day moving average price is $57.87. The stock has a market cap of $4.89 billion, a PE ratio of 24.30 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 12-month low of $49.25 and a 12-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.