JPMorgan U.S. Quality Factor ETF $JQUA Shares Newly Bought by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. bought a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 70,643 shares of the company’s stock, valued at approximately $5,213,000. JPMorgan U.S. Quality Factor ETF comprises approximately 2.2% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 12th largest holding. Collaborative Wealth Managment Inc. owned approximately 0.06% of JPMorgan U.S. Quality Factor ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at approximately $195,000. FDx Advisors Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $4,785,000. Altman Advisors Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $875,000. Confluence Wealth Services Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $2,574,000. Finally, Cornerstone Wealth Management LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth $22,024,000.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA stock opened at $76.03 on Friday. The stock has a market capitalization of $9.79 billion, a P/E ratio of 23.53 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.70 and a 1-year high of $76.68. The business has a fifty day moving average price of $74.92 and a 200-day moving average price of $69.85.

JPMorgan U.S. Quality Factor ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

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