Geneos Wealth Management Inc. Increases Position in JPMorgan U.S. Quality Factor ETF $JQUA

Geneos Wealth Management Inc. lifted its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 269,698 shares of the company’s stock after purchasing an additional 18,997 shares during the period. Geneos Wealth Management Inc. owned approximately 0.23% of JPMorgan U.S. Quality Factor ETF worth $16,967,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JQUA. Atlantic Union Bankshares Corp purchased a new position in JPMorgan U.S. Quality Factor ETF in the second quarter valued at about $25,000. Harbour Investments Inc. grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 26.5% in the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares during the period. Parkworth Wealth Management Inc. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter worth approximately $55,000. Asset Dedication LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 840.0% in the 2nd quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after purchasing an additional 840 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. raised its holdings in JPMorgan U.S. Quality Factor ETF by 56.4% during the third quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock worth $57,000 after purchasing an additional 326 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA opened at $63.65 on Tuesday. The business’s fifty day moving average is $62.89 and its two-hundred day moving average is $61.99. The company has a market cap of $7.65 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $64.35.

JPMorgan U.S. 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.