Focus Financial Network Inc. increased its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA – Free Report) by 4.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 82,876 shares of the company’s stock after acquiring an additional 3,461 shares during the quarter. Focus Financial Network Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $4,746,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. FMR LLC boosted its holdings in JPMorgan US Quality Factor ETF by 22.9% during the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after acquiring an additional 3,092 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 1.1% during the third quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock valued at $6,187,000 after purchasing an additional 1,210 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in JPMorgan US Quality Factor ETF during the third quarter worth about $2,278,000. Blue Trust Inc. boosted its holdings in JPMorgan US Quality Factor ETF by 7.5% during the third quarter. Blue Trust Inc. now owns 44,765 shares of the company’s stock worth $2,370,000 after purchasing an additional 3,141 shares during the last quarter. Finally, Sanchez Wealth Management Group grew its position in JPMorgan US Quality Factor ETF by 3.6% in the 4th quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock worth $16,084,000 after purchasing an additional 9,767 shares in the last quarter.
JPMorgan US Quality Factor ETF Stock Up 0.7 %
JPMorgan US Quality Factor ETF stock opened at $60.19 on Tuesday. JPMorgan US Quality Factor ETF has a 52 week low of $49.60 and a 52 week high of $60.42. The company’s 50 day moving average price is $58.70 and its two-hundred day moving average price is $57.00. The stock has a market cap of $4.87 billion, a P/E ratio of 25.27 and a beta of 0.94.
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.
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