JPMorgan U.S. Quality Factor ETF $JQUA Shares Purchased by Ballast Rock Private Wealth LLC

Ballast Rock Private Wealth LLC raised its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 47.5% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 54,594 shares of the company’s stock after purchasing an additional 17,573 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for approximately 1.9% of Ballast Rock Private Wealth LLC’s portfolio, making the stock its 11th biggest holding. Ballast Rock Private Wealth LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $3,348,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Focus Partners Wealth boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 4,153.5% during the 4th quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock worth $86,462,000 after purchasing an additional 1,336,332 shares during the last quarter. Savant Capital LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.8% during the 4th quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after acquiring an additional 996,453 shares during the period. Hughes Financial Services LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 15,645.5% during the 4th quarter. Hughes Financial Services LLC now owns 876,395 shares of the company’s stock valued at $55,371,000 after acquiring an additional 870,829 shares during the last quarter. UMB Bank n.a. boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 4,731.9% during the 4th quarter. UMB Bank n.a. now owns 750,679 shares of the company’s stock valued at $47,428,000 after acquiring an additional 735,143 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after purchasing an additional 702,461 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA opened at $71.42 on Monday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $58.31 and a 12-month high of $72.31. The firm has a market capitalization of $8.03 billion, a P/E ratio of 23.86 and a beta of 0.91. The firm has a 50-day moving average price of $68.29 and a 200 day moving average price of $65.14.

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.