JPMorgan U.S. Quality Factor ETF $JQUA is Base Wealth Management LLC’s 9th Largest Position

Base Wealth Management LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 11.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,456 shares of the company’s stock after purchasing an additional 12,417 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for 4.6% of Base Wealth Management LLC’s portfolio, making the stock its 9th largest position. Base Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $7,173,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Atlantic Union Bankshares Corp purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter valued at approximately $25,000. Harbour Investments Inc. increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 26.5% in the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after buying an additional 190 shares during the last quarter. Parkworth Wealth Management Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF in the second quarter valued at $55,000. Asset Dedication LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 840.0% during the 2nd quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after acquiring an additional 840 shares during the last quarter. Finally, Hughes Financial Services LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 204.1% during the 2nd quarter. Hughes Financial Services LLC now owns 967 shares of the company’s stock valued at $59,000 after acquiring an additional 649 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA opened at $63.74 on Monday. The company has a 50-day moving average of $62.59 and a 200-day moving average of $61.50. The company has a market capitalization of $7.58 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 1-year low of $49.25 and a 1-year high of $64.35.

JPMorgan U.S. 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.