JPMorgan U.S. Quality Factor ETF $JQUA Shares Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC increased its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.8% during the third quarter, Holdings Channel reports. The firm owned 720,681 shares of the company’s stock after purchasing an additional 19,436 shares during the period. JPMorgan U.S. Quality Factor ETF makes up 1.7% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 13th largest holding. Avidian Wealth Enterprises LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $45,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Drive Wealth Management LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 1.0% during the second quarter. Drive Wealth Management LLC now owns 18,785 shares of the company’s stock valued at $1,128,000 after buying an additional 181 shares in the last quarter. AE Wealth Management LLC grew its position in JPMorgan U.S. Quality Factor ETF by 11.8% during the second quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock valued at $107,000 after purchasing an additional 187 shares in the last quarter. Harbour Investments Inc. increased its stake in JPMorgan U.S. Quality Factor ETF by 26.5% in the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after buying an additional 190 shares during the period. Financial Network Wealth Advisors LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 3.7% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 5,574 shares of the company’s stock worth $351,000 after buying an additional 198 shares in the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 19.2% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock worth $75,000 after buying an additional 201 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 1.5%

JPMorgan U.S. Quality Factor ETF stock opened at $63.27 on Wednesday. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.82. The stock has a market cap of $7.55 billion, a P/E ratio of 23.86 and a beta of 0.93. The company’s fifty day simple moving average is $63.26 and its 200-day simple moving average is $62.34.

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.