Norden Group LLC Increases Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Norden Group LLC increased its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 123.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,910 shares of the company’s stock after purchasing an additional 10,442 shares during the quarter. Norden Group LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,195,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Beacon Bridge Wealth Partners LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 1.5% in the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 13,039 shares of the company’s stock worth $820,000 after buying an additional 190 shares during the period. Financial Network Wealth Advisors LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 3.7% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 5,574 shares of the company’s stock valued at $351,000 after acquiring an additional 198 shares during the period. Stonehaven Wealth & Tax Solutions LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 1.1% during the 2nd quarter. Stonehaven Wealth & Tax Solutions LLC now owns 20,102 shares of the company’s stock valued at $1,207,000 after acquiring an additional 220 shares during the period. Redwood Financial Network Corp boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 5.7% in the 2nd quarter. Redwood Financial Network Corp now owns 4,263 shares of the company’s stock valued at $256,000 after acquiring an additional 228 shares during the last quarter. Finally, SeaCrest Wealth Management LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 6.3% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 4,062 shares of the company’s stock valued at $256,000 after acquiring an additional 240 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA:JQUA opened at $60.04 on Friday. The company’s fifty day moving average price is $63.46 and its 200-day moving average price is $63.13. JPMorgan U.S. Quality Factor ETF has a 1-year low of $49.25 and a 1-year high of $64.90. The firm has a market capitalization of $7.11 billion, a P/E ratio of 23.86 and a beta of 0.93.

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.