hemming& Wealth Management Inc. Makes New Investment in JPMorgan U.S. Quality Factor ETF $JQUA

hemming& Wealth Management Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 470,620 shares of the company’s stock, valued at approximately $29,734,000. JPMorgan U.S. Quality Factor ETF comprises about 20.3% of hemming& Wealth Management Inc.’s investment portfolio, making the stock its largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. D.A. Davidson & CO. increased its holdings in 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 last quarter. Dynamic Advisor Solutions LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 71.9% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 313,401 shares of the company’s stock valued at $19,801,000 after buying an additional 131,103 shares in the last quarter. Breakwater Capital Group lifted its holdings in JPMorgan U.S. Quality Factor ETF by 11.4% during the 4th quarter. Breakwater Capital Group now owns 414,268 shares of the company’s stock worth $26,173,000 after buying an additional 42,271 shares during the last quarter. Intellus Advisors LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 32.8% during the 3rd quarter. Intellus Advisors LLC now owns 695,154 shares of the company’s stock worth $43,732,000 after buying an additional 171,829 shares during the last quarter. Finally, TD Capital Management LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 21.3% during the 3rd quarter. TD Capital Management LLC now owns 50,641 shares of the company’s stock worth $3,186,000 after buying an additional 8,895 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA:JQUA opened at $71.42 on Friday. The stock has a 50-day simple moving average of $68.29 and a 200-day simple moving average of $65.12. The stock has a market cap of $8.03 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 $58.31 and a 1 year high of $72.31.

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.