Geneos Wealth Management Inc. Grows Stock Position in JPMorgan U.S. Quality Factor ETF $JQUA

Geneos Wealth Management Inc. increased its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 8.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 305,486 shares of the company’s stock after acquiring an additional 23,003 shares during the period. Geneos Wealth Management Inc. owned about 0.27% of JPMorgan U.S. Quality Factor ETF worth $18,732,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JQUA. Cresset Asset Management LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 12.5% in 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 period. Qube Research & Technologies Ltd grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 16.2% in the second quarter. Qube Research & Technologies Ltd now owns 3,886 shares of the company’s stock worth $233,000 after purchasing an additional 541 shares during the last quarter. Main Street Financial Solutions LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the second quarter worth $1,062,000. Betterment LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 49.2% during the 2nd quarter. Betterment LLC now owns 8,721 shares of the company’s stock valued at $524,000 after buying an additional 2,875 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in JPMorgan U.S. Quality Factor ETF by 23.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock valued at $86,976,000 after buying an additional 271,538 shares during the last quarter.

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

JPMorgan U.S. Quality Factor ETF stock opened at $72.00 on Thursday. The firm has a market cap of $8.14 billion, a P/E ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.23 and a 1-year high of $72.66. The firm has a 50-day moving average of $70.57 and a 200-day moving average of $66.17.

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.