Spectrum Wealth Advisory Group LLC Acquires 326,437 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Spectrum Wealth Advisory Group LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, Holdings Channel reports. The fund acquired 326,437 shares of the company’s stock, valued at approximately $24,091,000. JPMorgan U.S. Quality Factor ETF accounts for 6.8% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its 4th largest holding.

Other large investors also recently modified their holdings of the company. Quadcap Wealth Management LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 2.9% in the 1st quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock worth $76,351,000 after buying an additional 34,752 shares during the period. Cetera Investment Advisers raised its holdings in JPMorgan U.S. Quality Factor ETF by 41.7% during the first quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock valued at $63,311,000 after acquiring an additional 303,867 shares during the period. RVW Wealth LLC bought a new stake in JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $74,549,000. Avidian Wealth Enterprises LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $73,013,000. Finally, Midland Wealth Advisors LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $67,344,000.

JPMorgan U.S. Quality Factor ETF Stock Down 0.0%

NYSEARCA JQUA opened at $75.34 on Wednesday. The firm has a market cap of $9.53 billion, a price-to-earnings ratio of 23.53 and a beta of 0.90. The business has a 50-day moving average price of $74.85 and a 200-day moving average price of $69.47. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $76.68.

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.