hemming& Wealth Management Inc. Makes New Investment in JPMorgan U.S. Quality Factor ETF $JQUA

hemming& Wealth Management Inc. purchased a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 470,620 shares of the company’s stock, valued at approximately $29,734,000. JPMorgan U.S. Quality Factor ETF accounts for approximately 20.3% of hemming& Wealth Management Inc.’s holdings, making the stock its largest holding. hemming& Wealth Management Inc. owned approximately 0.40% of JPMorgan U.S. Quality Factor ETF as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Florida Financial Advisors LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.0% in the fourth quarter. Florida Financial Advisors LLC now owns 16,767 shares of the company’s stock valued at $1,048,000 after acquiring an additional 161 shares in the last quarter. Redwood Financial Network Corp boosted its holdings in JPMorgan U.S. Quality Factor ETF by 5.7% in the second quarter. Redwood Financial Network Corp now owns 4,263 shares of the company’s stock valued at $256,000 after purchasing an additional 228 shares during the period. Operose Advisors LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after purchasing an additional 235 shares in the last quarter. SeaCrest Wealth Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 6.3% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 4,062 shares of the company’s stock worth $256,000 after purchasing an additional 240 shares in the last quarter. Finally, Patten Group Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 2.5% during the 3rd quarter. Patten Group Inc. now owns 9,927 shares of the company’s stock worth $625,000 after purchasing an additional 243 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA JQUA opened at $71.42 on Friday. The company has a market cap of $8.03 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. The stock’s 50-day moving average is $68.29 and its two-hundred day moving average is $65.12. JPMorgan U.S. Quality Factor ETF has a 1-year low of $58.31 and a 1-year high of $72.31.

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.