Diversify Wealth Management LLC Takes Position in JPMorgan U.S. Quality Factor ETF $JQUA

Diversify Wealth Management LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 42,191 shares of the company’s stock, valued at approximately $2,772,000.

A number of other hedge funds and other institutional investors have also modified their holdings of JQUA. D.A. Davidson & CO. lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 13.6% in the fourth quarter. D.A. Davidson & CO. now owns 118,850 shares of the company’s stock valued at $7,509,000 after buying an additional 14,215 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 71.9% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 313,401 shares of the company’s stock worth $19,801,000 after acquiring an additional 131,103 shares during the period. Breakwater Capital Group grew its holdings in JPMorgan U.S. Quality Factor ETF by 11.4% during the fourth quarter. Breakwater Capital Group now owns 414,268 shares of the company’s stock worth $26,173,000 after acquiring an additional 42,271 shares during the period. Lawood & Co. acquired a new position in JPMorgan U.S. Quality Factor ETF during the fourth quarter worth about $7,875,000. Finally, TD Capital Management LLC raised its position in JPMorgan U.S. Quality Factor ETF by 21.3% in the third quarter. TD Capital Management LLC now owns 50,641 shares of the company’s stock worth $3,186,000 after acquiring an additional 8,895 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.5%

Shares of NYSEARCA JQUA opened at $72.15 on Tuesday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.23 and a twelve month high of $72.66. The company has a market capitalization of $8.15 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. The firm has a 50-day moving average of $70.38 and a two-hundred day moving average of $66.05.

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.