299,193 Shares in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Purchased by Keystone Financial Group

Keystone Financial Group bought a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 299,193 shares of the company’s stock, valued at approximately $17,135,000. JPMorgan US Quality Factor ETF accounts for about 1.7% of Keystone Financial Group’s portfolio, making the stock its 16th largest holding. Keystone Financial Group owned 0.37% of JPMorgan US Quality Factor ETF as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in JQUA. FMR LLC grew its stake 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 buying an additional 3,092 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the 3rd quarter worth about $3,403,000. Orion Portfolio Solutions LLC lifted its position in JPMorgan US Quality Factor ETF by 4.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 28,016 shares of the company’s stock valued at $1,585,000 after purchasing an additional 1,129 shares during the last quarter. World Investment Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the 3rd quarter valued at about $1,025,000. Finally, Fortitude Family Office LLC grew its position in JPMorgan US Quality Factor ETF by 45.8% in the 4th 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 last quarter.

JPMorgan US Quality Factor ETF Trading Up 1.6 %

Shares of NYSEARCA JQUA opened at $53.70 on Friday. JPMorgan US Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $60.79. The company has a market cap of $5.39 billion, a PE ratio of 22.94 and a beta of 0.95. The stock has a 50 day simple moving average of $57.32 and a 200-day simple moving average of $57.80.

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.