Signaturefd LLC Makes New Investment in JPMorgan U.S. Quality Factor ETF $JQUA

Signaturefd LLC purchased a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, HoldingsChannel reports. The fund purchased 395,265 shares of the company’s stock, valued at approximately $29,171,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in JQUA. Quadcap Wealth Management LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 2.9% during the first quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock valued at $76,351,000 after buying an additional 34,752 shares during the period. RVW Wealth LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the third quarter worth about $74,549,000. Avidian Wealth Enterprises LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the third quarter worth about $73,013,000. Cetera Investment Advisers grew its position in JPMorgan U.S. Quality Factor ETF by 41.7% during the first quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock worth $63,311,000 after buying an additional 303,867 shares in the last quarter. Finally, LVZ Inc. increased its stake in JPMorgan U.S. Quality Factor ETF by 1.6% in the 1st quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock worth $62,380,000 after acquiring an additional 15,791 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 0.3%

Shares of NYSEARCA JQUA opened at $75.92 on Friday. The stock’s 50-day simple moving average is $74.65 and its two-hundred day simple moving average is $71.55. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $76.43. The firm has a market capitalization of $9.35 billion, a P/E ratio of 23.86 and a beta of 0.90.

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.