Portside Wealth Group LLC Grows Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Portside Wealth Group LLC raised its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 24.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 52,138 shares of the company’s stock after acquiring an additional 10,133 shares during the quarter. Portside Wealth Group LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $3,294,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of JQUA. Baird Financial Group Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the second quarter valued at approximately $4,901,000. Cresset Asset Management LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 12.5% during the second quarter. Cresset Asset Management LLC now owns 6,696 shares of the company’s stock valued at $402,000 after buying an additional 745 shares during the period. StoneX Group Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the second quarter valued at approximately $588,000. Cary Street Partners Financial LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 41.4% during the second quarter. Cary Street Partners Financial LLC now owns 8,344 shares of the company’s stock valued at $501,000 after buying an additional 2,444 shares during the period. Finally, Vertex Planning Partners LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.4% during the second quarter. Vertex Planning Partners LLC now owns 641,311 shares of the company’s stock valued at $38,511,000 after buying an additional 8,857 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA opened at $62.15 on Tuesday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90. The stock has a market capitalization of $6.94 billion, a PE ratio of 23.86 and a beta of 0.93. The stock’s 50 day moving average price is $63.14 and its 200-day moving average price is $63.09.

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.