Arsenal Capital Advisors LLC Acquires Shares of 51,546 JPMorgan U.S. Quality Factor ETF $JQUA

Arsenal Capital Advisors LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 51,546 shares of the company’s stock, valued at approximately $3,257,000. JPMorgan U.S. Quality Factor ETF comprises approximately 2.3% of Arsenal Capital Advisors LLC’s portfolio, making the stock its 11th biggest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Operose Advisors LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after acquiring an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth $39,000. MCF Advisors LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $57,000. Wealth Watch Advisors INC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $57,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after purchasing an additional 998 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Down 2.8%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $69.89 on Friday. JPMorgan U.S. Quality Factor ETF has a 12 month low of $58.31 and a 12 month high of $72.18. The business has a fifty day simple moving average of $66.44 and a 200 day simple moving average of $64.49. The stock has a market cap of $7.86 billion, a PE ratio of 23.86 and a beta of 0.91.

JPMorgan U.S. Quality Factor ETF Company 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.