Morey & Quinn Wealth Partners LLC Makes New $282,000 Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Morey & Quinn Wealth Partners LLC bought a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 4,920 shares of the company’s stock, valued at approximately $282,000.

A number of other institutional investors have also recently made changes to their positions in the company. FPC Investment Advisory Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $29,000. CENTRAL TRUST Co acquired a new position in JPMorgan US Quality Factor ETF during the fourth quarter worth $47,000. Abound Wealth Management purchased a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at $55,000. Fortitude Family Office LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 45.8% in the 4th 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, New Republic Capital LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $107,000.

JPMorgan US Quality Factor ETF Trading Down 0.2 %

Shares of JQUA opened at $57.45 on Wednesday. JPMorgan US Quality Factor ETF has a 12-month low of $49.61 and a 12-month high of $60.79. The firm has a market capitalization of $5.58 billion, a P/E ratio of 24.30 and a beta of 0.95. The firm has a 50-day moving average price of $58.77 and a 200 day moving average price of $57.96.

JPMorgan US Quality Factor ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a $0.1591 dividend. The ex-dividend date of this dividend is Tuesday, March 25th.

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.