JPMorgan U.S. Quality Factor ETF $JQUA Shares Purchased by Maridea Wealth Management LLC

Maridea Wealth Management LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 33.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 82,649 shares of the company’s stock after buying an additional 20,645 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises approximately 0.8% of Maridea Wealth Management LLC’s holdings, making the stock its 28th largest position. Maridea Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $5,222,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Savant Capital LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.5% in the 3rd quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock worth $582,579,000 after purchasing an additional 878,484 shares during the period. Sage Mountain Advisors LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 6.6% in the 3rd quarter. Sage Mountain Advisors LLC now owns 2,889,443 shares of the company’s stock valued at $181,775,000 after purchasing an additional 177,728 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 53.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock worth $127,575,000 after purchasing an additional 702,461 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in JPMorgan U.S. Quality Factor ETF by 7.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,752,280 shares of the company’s stock worth $105,224,000 after purchasing an additional 116,345 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 16.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock worth $106,439,000 after purchasing an additional 243,540 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA JQUA opened at $61.47 on Friday. The firm has a market capitalization of $7.28 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 $64.90. The company’s 50 day moving average price is $63.77 and its 200 day moving average price is $63.16.

About JPMorgan U.S. 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.