Lodestar Private Asset Management LLC Purchases 65,946 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Lodestar Private Asset Management LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 65,946 shares of the company’s stock, valued at approximately $4,867,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fortitude Family Office LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $29,000. Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $40,000. Root Financial Partners LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $60,000. DHJJ Financial Advisors Ltd. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $67,000. Finally, CoreCap Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF during the third quarter worth about $77,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA opened at $76.51 on Wednesday. The business’s 50-day simple moving average is $74.72 and its 200 day simple moving average is $69.18. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.70 and a 52-week high of $76.57. The firm has a market capitalization of $9.44 billion, a PE ratio of 23.86 and a beta of 0.90.

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.