Integrated Capital Management Inc. Makes New Investment in JPMorgan U.S. Quality Factor ETF $JQUA

Integrated Capital Management Inc. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 75,383 shares of the company’s stock, valued at approximately $5,563,000. JPMorgan U.S. Quality Factor ETF accounts for about 4.0% of Integrated Capital Management Inc.’s holdings, making the stock its 10th biggest holding. Integrated Capital Management Inc. owned 0.06% of JPMorgan U.S. Quality Factor ETF as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. CoreCap Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF in the third quarter worth about $77,000. Lavaca Capital LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 24.2% during the first quarter. Lavaca Capital LLC now owns 2,409 shares of the company’s stock valued at $148,000 after buying an additional 470 shares during the last quarter. GoalVest Advisory LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter worth approximately $152,000. Mayflower Financial Advisors LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the first quarter worth approximately $205,000. Finally, Axis Wealth Partners LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 4.9% during the 1st quarter. Axis Wealth Partners LLC now owns 3,493 shares of the company’s stock worth $214,000 after acquiring an additional 164 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $75.36 on Friday. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.70 and a 1-year high of $75.69. The company’s fifty day simple moving average is $74.33 and its 200-day simple moving average is $70.51. The stock has a market capitalization of $9.17 billion, a PE ratio of 23.86 and a beta of 0.90.

JPMorgan U.S. Quality Factor ETF 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.