Redhawk Wealth Advisors Inc. Buys 11,670 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Redhawk Wealth Advisors Inc. boosted its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 9.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 134,879 shares of the company’s stock after purchasing an additional 11,670 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises about 1.0% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 25th biggest position. Redhawk Wealth Advisors Inc. owned 0.11% of JPMorgan U.S. Quality Factor ETF worth $8,522,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Parkworth Wealth Management Inc. bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth about $55,000. Asset Dedication LLC grew its stake in shares of 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 buying an additional 840 shares during the period. DHJJ Financial Advisors Ltd. increased its position in JPMorgan U.S. Quality Factor ETF by 56.4% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock valued at $57,000 after buying an additional 326 shares in the last quarter. MCF Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $57,000. Finally, Wealth Watch Advisors INC acquired a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth approximately $57,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA opened at $60.04 on Friday. The business’s 50 day simple moving average is $63.46 and its two-hundred day simple moving average is $63.13. The firm has a market cap of $7.11 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90.

JPMorgan U.S. 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.