Spectrum Wealth Advisory Group LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 326,437 shares of the company’s stock, valued at approximately $24,091,000. JPMorgan U.S. Quality Factor ETF comprises 6.8% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 4th biggest holding. Spectrum Wealth Advisory Group LLC owned 0.26% of JPMorgan U.S. Quality Factor ETF at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of JQUA. Fortitude Family Office LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at about $29,000. Pinnacle Bancorp Inc. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at about $40,000. Root Financial Partners LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at about $60,000. DHJJ Financial Advisors Ltd. bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $67,000. Finally, CoreCap Advisors LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $77,000.
JPMorgan U.S. Quality Factor ETF Trading Down 0.0%
JQUA opened at $75.34 on Wednesday. The company has a market cap of $9.53 billion, a price-to-earnings ratio of 23.53 and a beta of 0.90. The company’s 50 day moving average is $74.85 and its 200 day moving average is $69.47. JPMorgan U.S. Quality Factor ETF has a 12-month low of $59.70 and a 12-month high of $76.68.
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.
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