21,761 Shares of JPMorgan U.S. Quality Factor ETF $JQUA Bought by Gallacher Capital Management LLC

Gallacher Capital Management LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 3rd quarter, Holdings Channel reports. The fund bought 21,761 shares of the company’s stock, valued at approximately $1,606,000. JPMorgan U.S. Quality Factor ETF makes up 1.3% of Gallacher Capital Management LLC’s holdings, making the stock its 12th biggest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JQUA. Financial Network Wealth Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $651,000. Elm3 Financial Group LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at approximately $893,000. Baird Financial Group Inc. grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 8.8% in the 2nd quarter. Baird Financial Group Inc. now owns 110,135 shares of the company’s stock valued at $7,961,000 after purchasing an additional 8,909 shares during the last quarter. Independent Financial Group LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the 1st quarter valued at approximately $10,477,000. Finally, Gibbs Wealth Management increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 114.5% in the first quarter. Gibbs Wealth Management now owns 92,546 shares of the company’s stock valued at $5,675,000 after purchasing an additional 49,407 shares during the period.

JPMorgan U.S. Quality Factor ETF Trading Down 0.0%

NYSEARCA:JQUA opened at $75.34 on Wednesday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $59.70 and a 12-month high of $76.68. The stock’s 50 day simple moving average is $74.85 and its 200-day simple moving average is $69.47. The firm has a market cap of $9.53 billion, a P/E ratio of 23.53 and a beta of 0.90.

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.