Sanchez Wealth Management Group Has $22.60 Million Stake in JPMorgan U.S. Quality Factor ETF $JQUA

Sanchez Wealth Management Group boosted its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 10.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 357,664 shares of the company’s stock after purchasing an additional 34,504 shares during the period. JPMorgan U.S. Quality Factor ETF comprises about 4.8% of Sanchez Wealth Management Group’s investment portfolio, making the stock its 10th biggest position. Sanchez Wealth Management Group’s holdings in JPMorgan U.S. Quality Factor ETF were worth $22,597,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in JQUA. D Orazio & Associates Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 0.7% in the fourth quarter. D Orazio & Associates Inc. now owns 258,724 shares of the company’s stock worth $16,346,000 after acquiring an additional 1,696 shares during the last quarter. Ballast Rock Private Wealth LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter worth about $2,339,000. Financial Partners Group Inc bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter worth about $201,000. CGC Financial Services LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 21.9% in the fourth quarter. CGC Financial Services LLC now owns 13,228 shares of the company’s stock worth $836,000 after acquiring an additional 2,374 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter worth about $71,000.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $68.20 on Monday. JPMorgan U.S. Quality Factor ETF has a one year low of $56.79 and a one year high of $68.21. The company has a 50 day moving average of $63.68 and a 200-day moving average of $63.47. The stock has a market cap of $7.67 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90.

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.