107,054 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Acquired by Procyon Advisors LLC

Procyon Advisors LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 107,054 shares of the company’s stock, valued at approximately $6,764,000. Procyon Advisors LLC owned about 0.09% of JPMorgan U.S. Quality Factor ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JQUA. Avidian Wealth Enterprises LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 2.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock valued at $45,338,000 after buying an additional 19,436 shares during the period. HighTower Advisors LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 13.4% in the third quarter. HighTower Advisors LLC now owns 385,333 shares of the company’s stock worth $24,242,000 after buying an additional 45,556 shares during the period. Hershey Financial Advisers LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at about $1,066,000. Beacon Pointe Advisors LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at about $2,308,000. Finally, Able Wealth Management LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 50.8% during the 3rd quarter. Able Wealth Management LLC now owns 190,240 shares of the company’s stock valued at $11,968,000 after acquiring an additional 64,063 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA opened at $61.47 on Friday. The stock’s 50 day simple moving average is $63.77 and its 200 day simple moving average is $63.16. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $64.90. The firm has a market cap of $7.28 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93.

About JPMorgan U.S. 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.