1,010,151 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Bought by RVW Wealth LLC

RVW Wealth LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,010,151 shares of the company’s stock, valued at approximately $74,549,000. JPMorgan U.S. Quality Factor ETF accounts for 4.8% of RVW Wealth LLC’s portfolio, making the stock its 5th largest position.

Several other hedge funds have also added to or reduced their stakes in the business. World Investment Advisors boosted its position in JPMorgan U.S. Quality Factor ETF by 1.9% during the first quarter. World Investment Advisors now owns 8,608 shares of the company’s stock worth $528,000 after purchasing an additional 160 shares during the period. Axis Wealth Partners LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 4.9% in the first quarter. Axis Wealth Partners LLC now owns 3,493 shares of the company’s stock valued at $214,000 after purchasing an additional 164 shares during the period. Fiduciary Alliance LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 0.3% in the first quarter. Fiduciary Alliance LLC now owns 54,709 shares of the company’s stock valued at $3,529,000 after purchasing an additional 186 shares during the period. Wilkerson Advisory Group LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.3% during the 1st quarter. Wilkerson Advisory Group LLC now owns 8,342 shares of the company’s stock worth $512,000 after buying an additional 187 shares during the last quarter. Finally, Illumine Investment Management LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.2% during the 1st quarter. Illumine Investment Management LLC now owns 20,480 shares of the company’s stock worth $1,256,000 after buying an additional 245 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA stock traded up $0.32 during midday trading on Tuesday, hitting $75.46. 785,198 shares of the company were exchanged, compared to its average volume of 710,272. JPMorgan U.S. Quality Factor ETF has a 52 week low of $59.70 and a 52 week high of $75.69. The firm has a market capitalization of $9.13 billion, a P/E ratio of 23.86 and a beta of 0.90. The firm’s 50 day moving average price is $74.13 and its two-hundred day moving average price is $70.22.

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.