JPMorgan U.S. Quality Factor ETF $JQUA Shares Acquired by Base Wealth Management LLC

Base Wealth Management LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 41.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 168,993 shares of the company’s stock after purchasing an additional 49,537 shares during the period. JPMorgan U.S. Quality Factor ETF comprises about 6.1% of Base Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Base Wealth Management LLC owned 0.14% of JPMorgan U.S. Quality Factor ETF worth $10,631,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at about $25,000. Harbour Investments Inc. boosted its position in JPMorgan U.S. Quality Factor ETF by 26.5% during the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after purchasing an additional 190 shares during the last quarter. Parkworth Wealth Management Inc. bought a new position in JPMorgan U.S. Quality Factor ETF in the second quarter valued at approximately $55,000. Asset Dedication LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 840.0% in the second quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after purchasing an additional 840 shares in the last quarter. Finally, Hughes Financial Services LLC increased its position in shares of 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 worth $59,000 after purchasing an additional 649 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 0.3%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $63.88 on Tuesday. The stock has a market cap of $7.60 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $64.35. The business’s 50 day moving average is $62.86 and its 200-day moving average is $61.84.

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.