Quadcap Wealth Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) by 2.9% during the first quarter, HoldingsChannel reports. The firm owned 1,245,124 shares of the company’s stock after purchasing an additional 34,752 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises approximately 8.7% of Quadcap Wealth Management LLC’s portfolio, making the stock its biggest holding. Quadcap Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $76,351,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of JQUA. Savant Capital LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.8% during the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after purchasing an additional 996,453 shares during the period. Signaturefd LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 1.2% in the 4th quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock valued at $344,583,000 after buying an additional 66,385 shares during the period. Morgan Stanley raised its position in JPMorgan U.S. Quality Factor ETF by 11.0% during the 4th quarter. Morgan Stanley now owns 2,960,267 shares of the company’s stock worth $187,030,000 after buying an additional 293,117 shares during the last quarter. Sage Mountain Advisors LLC raised its position in JPMorgan U.S. Quality Factor ETF by 1.7% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock worth $185,721,000 after buying an additional 50,109 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in JPMorgan U.S. Quality Factor ETF by 16.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock worth $106,439,000 after buying an additional 243,540 shares during the last quarter.
JPMorgan U.S. Quality Factor ETF Stock Performance
JQUA stock opened at $71.39 on Friday. The stock has a market capitalization of $8.11 billion, a PE ratio of 23.86 and a beta of 0.91. The company has a fifty day moving average of $71.08 and a 200-day moving average of $66.55. JPMorgan U.S. Quality Factor ETF has a one year low of $59.46 and a one year high of $72.66.
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.
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