Stratos Wealth Partners LTD. Has $23.11 Million Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Stratos Wealth Partners LTD. grew its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 403,593 shares of the company’s stock after purchasing an additional 2,264 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in JPMorgan US Quality Factor ETF were worth $23,114,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC acquired a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth approximately $36,676,000. LPL Financial LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after purchasing an additional 510,409 shares during the period. Mason & Associates Inc lifted its holdings in JPMorgan US Quality Factor ETF by 57.4% during the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after purchasing an additional 494,630 shares during the last quarter. Spectrum Wealth Advisory Group LLC bought a new stake in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $27,648,000. Finally, Tull Financial Group Inc. acquired a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $24,025,000.

JPMorgan US Quality Factor ETF Stock Performance

JQUA opened at $59.71 on Wednesday. The stock has a fifty day moving average of $58.66 and a 200-day moving average of $56.81. The company has a market capitalization of $4.83 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $60.33.

JPMorgan US Quality Factor ETF 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.