Maridea Wealth Management LLC Grows Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Maridea Wealth Management LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 23.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 101,634 shares of the company’s stock after acquiring an additional 18,985 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up approximately 0.9% of Maridea Wealth Management LLC’s holdings, making the stock its 23rd biggest holding. Maridea Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $6,232,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Focus Partners Wealth boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 4,153.5% in the fourth quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock valued at $86,462,000 after purchasing an additional 1,336,332 shares during the period. Savant Capital LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 10.8% during the 4th quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after purchasing an additional 996,453 shares during the period. Hughes Financial Services LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 15,645.5% during the 4th quarter. Hughes Financial Services LLC now owns 876,395 shares of the company’s stock worth $55,371,000 after purchasing an additional 870,829 shares during the period. UMB Bank n.a. raised its position in JPMorgan U.S. Quality Factor ETF by 4,731.9% during the 4th quarter. UMB Bank n.a. now owns 750,679 shares of the company’s stock valued at $47,428,000 after purchasing an additional 735,143 shares in the last quarter. Finally, Savvy Advisors Inc. raised its position in 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.

JPMorgan U.S. Quality Factor ETF Trading Down 0.4%

Shares of JQUA stock opened at $70.70 on Friday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.23 and a twelve month high of $72.31. The stock has a market capitalization of $7.95 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. The stock has a fifty day simple moving average of $68.99 and a two-hundred day simple moving average of $65.39.

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.