JPMorgan U.S. Quality Factor ETF $JQUA Shares Bought by Quadcap Wealth Management LLC

Quadcap Wealth Management LLC raised its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,245,124 shares of the company’s stock after purchasing an additional 34,752 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for 8.7% of Quadcap Wealth Management LLC’s investment portfolio, making the stock its largest holding. Quadcap Wealth Management LLC owned approximately 1.11% of JPMorgan U.S. Quality Factor ETF worth $76,351,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of JQUA. Cresset Asset Management LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 12.5% during the 2nd quarter. Cresset Asset Management LLC now owns 6,696 shares of the company’s stock worth $402,000 after buying an additional 745 shares during the last quarter. Qube Research & Technologies Ltd increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 16.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,886 shares of the company’s stock valued at $233,000 after acquiring an additional 541 shares during the last quarter. Main Street Financial Solutions LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth about $1,062,000. Betterment LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 49.2% during the 2nd quarter. Betterment LLC now owns 8,721 shares of the company’s stock worth $524,000 after acquiring an additional 2,875 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in JPMorgan U.S. Quality Factor ETF by 23.1% during the second quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock worth $86,976,000 after purchasing an additional 271,538 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Up 0.2%

Shares of JQUA opened at $71.39 on Friday. The stock has a 50 day moving average price of $71.08 and a 200 day moving average price of $66.55. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.46 and a 52-week high of $72.66.

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.