JPMorgan U.S. Quality Factor ETF $JQUA is Sanchez Wealth Management Group’s 10th Largest Position

Sanchez Wealth Management Group grew its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 10.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 357,664 shares of the company’s stock after purchasing an additional 34,504 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises about 4.8% of Sanchez Wealth Management Group’s investment portfolio, making the stock its 10th biggest position. Sanchez Wealth Management Group owned approximately 0.30% of JPMorgan U.S. Quality Factor ETF worth $22,597,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of JQUA. Savant Capital LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.5% during the 3rd quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock valued at $582,579,000 after purchasing an additional 878,484 shares in the last quarter. JPMorgan Chase & Co. raised 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 valued at $127,575,000 after purchasing an additional 702,461 shares in the last quarter. Savvy Advisors Inc. raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 64.4% during the 4th quarter. Savvy Advisors Inc. now owns 1,358,559 shares of the company’s stock valued at $85,834,000 after purchasing an additional 532,063 shares in the last quarter. LVZ Inc. raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 48.5% during the 3rd quarter. LVZ Inc. now owns 997,493 shares of the company’s stock valued at $62,752,000 after purchasing an additional 325,663 shares in the last quarter. Finally, Ameritas Advisory Services LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 266.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 401,081 shares of the company’s stock valued at $25,232,000 after purchasing an additional 291,693 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

JPMorgan U.S. Quality Factor ETF stock opened at $68.20 on Monday. The company has a market capitalization of $7.67 billion, a P/E ratio of 23.86 and a beta of 0.90. The firm’s fifty day simple moving average is $63.68 and its 200-day simple moving average is $63.47. JPMorgan U.S. Quality Factor ETF has a 1-year low of $56.79 and a 1-year high of $68.21.

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.