Fiduciary Alliance LLC Makes New $2.74 Million Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Fiduciary Alliance LLC acquired a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 47,802 shares of the company’s stock, valued at approximately $2,738,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the second quarter worth about $34,000. EverSource Wealth Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the second quarter worth about $44,000. Fortitude Family Office LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the third quarter worth about $68,000. EP Wealth Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the second quarter worth about $109,000. Finally, Hollencrest Capital Management acquired a new position in shares of JPMorgan US Quality Factor ETF in the second quarter worth about $185,000.

JPMorgan US Quality Factor ETF Trading Down 0.4 %

JPMorgan US Quality Factor ETF stock traded down $0.25 during midday trading on Monday, hitting $56.42. The stock had a trading volume of 46,720 shares, compared to its average volume of 437,721. The stock has a market cap of $4.57 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12 month low of $47.72 and a 12 month high of $60.33. The business has a fifty day moving average price of $58.46 and a 200 day moving average price of $56.16.

JPMorgan US 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.