Financial Futures Ltd Liability Co. Has $4.59 Million Stake in JPMorgan U.S. Quality Factor ETF $JQUA

Financial Futures Ltd Liability Co. raised its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 10.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 74,787 shares of the company’s stock after acquiring an additional 7,298 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up about 2.0% of Financial Futures Ltd Liability Co.’s investment portfolio, making the stock its 17th largest holding. Financial Futures Ltd Liability Co. owned 0.07% of JPMorgan U.S. Quality Factor ETF worth $4,586,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Cresset Asset Management LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 12.5% during the 2nd quarter. Cresset Asset Management LLC now owns 6,696 shares of the company’s stock worth $402,000 after purchasing an additional 745 shares during the last quarter. Qube Research & Technologies Ltd lifted its stake in JPMorgan U.S. Quality Factor ETF by 16.2% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,886 shares of the company’s stock valued at $233,000 after purchasing an additional 541 shares during the last quarter. Main Street Financial Solutions LLC bought a new position in JPMorgan U.S. Quality Factor ETF during the second quarter worth about $1,062,000. Betterment LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 49.2% during the second quarter. Betterment LLC now owns 8,721 shares of the company’s stock worth $524,000 after purchasing an additional 2,875 shares during the period. Finally, Raymond James Financial Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 23.1% during the second quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock worth $86,976,000 after buying an additional 271,538 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 0.4%

NYSEARCA:JQUA opened at $70.70 on Friday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $59.23 and a 12-month high of $72.31. The firm has a market capitalization of $7.95 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. The stock’s 50 day moving average price is $68.99 and its two-hundred day moving average price is $65.39.

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.