Facet Wealth Inc. Acquires 139,424 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Facet Wealth Inc. raised its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 94.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 286,312 shares of the company’s stock after purchasing an additional 139,424 shares during the quarter. JPMorgan US Quality Factor ETF makes up about 0.5% of Facet Wealth Inc.’s investment portfolio, making the stock its 29th largest position. Facet Wealth Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $17,121,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of JQUA. Nations Financial Group Inc. IA ADV raised its position in shares of JPMorgan US Quality Factor ETF by 1.1% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock worth $1,081,000 after acquiring an additional 201 shares during the last quarter. Private Trust Co. NA raised its position in shares of JPMorgan US Quality Factor ETF by 4.9% during the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock worth $413,000 after acquiring an additional 343 shares during the last quarter. FPC Investment Advisory Inc. bought a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $29,000. Fortitude Family Office LLC raised its position in shares of JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after acquiring an additional 550 shares during the last quarter. Finally, WealthShield Partners LLC raised its position in shares of JPMorgan US Quality Factor ETF by 3.2% during the fourth quarter. WealthShield Partners LLC now owns 23,502 shares of the company’s stock worth $1,346,000 after acquiring an additional 737 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Up 1.9 %

JQUA stock opened at $56.45 on Friday. The company has a market cap of $5.50 billion, a P/E ratio of 24.52 and a beta of 0.95. JPMorgan US Quality Factor ETF has a twelve month low of $49.60 and a twelve month high of $60.79. The business has a fifty day moving average of $58.80 and a 200-day moving average of $57.84.

About JPMorgan US 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.