Financial Futures Ltd Liability Co. Purchases 8,672 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Financial Futures Ltd Liability Co. increased its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 18.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,416 shares of the company’s stock after buying an additional 8,672 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for approximately 1.7% of Financial Futures Ltd Liability Co.’s investment portfolio, making the stock its 17th biggest position. Financial Futures Ltd Liability Co.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $3,486,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in JQUA. Salem Investment Counselors Inc. grew its position in shares of JPMorgan U.S. Quality Factor ETF by 1.4% in the 2nd quarter. Salem Investment Counselors Inc. now owns 18,522 shares of the company’s stock valued at $1,112,000 after acquiring an additional 256 shares during the period. Gallacher Capital Management LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 1.5% during the second quarter. Gallacher Capital Management LLC now owns 70,810 shares of the company’s stock worth $4,252,000 after purchasing an additional 1,042 shares during the period. Goldstone Financial Group LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 4.7% during the second quarter. Goldstone Financial Group LLC now owns 478,203 shares of the company’s stock worth $29,094,000 after purchasing an additional 21,517 shares during the period. Ehrlich Financial Group increased its position in JPMorgan U.S. Quality Factor ETF by 3.5% during the second quarter. Ehrlich Financial Group now owns 116,510 shares of the company’s stock worth $6,996,000 after buying an additional 3,957 shares during the last quarter. Finally, Clarus Wealth Advisors raised its stake in JPMorgan U.S. Quality Factor ETF by 1.2% in the second quarter. Clarus Wealth Advisors now owns 138,262 shares of the company’s stock valued at $8,357,000 after buying an additional 1,586 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Up 0.2%

JQUA opened at $64.59 on Tuesday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $64.62. The stock has a market cap of $7.77 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. The business has a 50 day moving average of $63.03 and a 200-day moving average of $62.18.

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.