Silver Oak Securities Incorporated Takes $1.24 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Silver Oak Securities Incorporated acquired a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 25,873 shares of the company’s stock, valued at approximately $1,238,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JQUA. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter valued at approximately $1,153,000. Lake Street Financial LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 90.3% in the third quarter. Lake Street Financial LLC now owns 14,379 shares of the company’s stock valued at $624,000 after buying an additional 6,824 shares in the last quarter. ST Germain D J Co. Inc. bought a new position in shares of JPMorgan US Quality Factor ETF in the third quarter valued at $94,230,000. Commonwealth Equity Services LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 1.3% in the third quarter. Commonwealth Equity Services LLC now owns 498,193 shares of the company’s stock valued at $21,557,000 after buying an additional 6,523 shares in the last quarter. Finally, TFC Financial Management Inc. bought a new position in shares of JPMorgan US Quality Factor ETF in the third quarter valued at $12,875,000.

JPMorgan US Quality Factor ETF Price Performance

JQUA stock opened at $50.76 on Monday. The company has a fifty day moving average price of $51.66 and a two-hundred day moving average price of $48.44. JPMorgan US Quality Factor ETF has a one year low of $40.72 and a one year high of $53.03. The stock has a market cap of $4.05 billion, a price-to-earnings ratio of 24.42 and a beta of 0.94.

JPMorgan US Quality Factor ETF Company 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.