JPMorgan U.S. Quality Factor ETF $JQUA is Breakwater Capital Group’s Largest Position

Breakwater Capital Group lifted its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 439,064 shares of the company’s stock after acquiring an additional 24,796 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for about 3.6% of Breakwater Capital Group’s portfolio, making the stock its biggest holding. Breakwater Capital Group owned approximately 0.39% of JPMorgan U.S. Quality Factor ETF worth $26,923,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Operose Advisors LLC boosted 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. bought a new stake in JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at $39,000. Wealth Watch Advisors INC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $57,000. Longview Financial Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $66,000. Finally, Smartleaf Asset Management LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after purchasing an additional 998 shares in the last quarter.

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

JQUA opened at $70.27 on Thursday. The company has a market capitalization of $7.90 billion, a PE ratio of 23.86 and a beta of 0.91. The firm has a 50-day simple moving average of $68.73 and a two-hundred day simple moving average of $65.30. JPMorgan U.S. Quality Factor ETF has a 52 week low of $59.03 and a 52 week high of $72.31.

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.