Prism Advisors Inc. Buys 165,503 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Prism Advisors Inc. bought a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 165,503 shares of the company’s stock, valued at approximately $12,472,000. JPMorgan U.S. Quality Factor ETF comprises about 3.2% of Prism Advisors Inc.’s portfolio, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Focus Partners Wealth raised its position in shares of JPMorgan U.S. Quality Factor ETF by 4,153.5% in the 4th quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock worth $86,462,000 after purchasing an additional 1,336,332 shares during the last quarter. Quadcap Wealth Management LLC grew its position in JPMorgan U.S. Quality Factor ETF by 2.9% during the 1st quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock valued at $76,351,000 after purchasing an additional 34,752 shares during the last quarter. Cetera Investment Advisers grew its position in JPMorgan U.S. Quality Factor ETF by 41.7% during the 1st quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock valued at $63,311,000 after purchasing an additional 303,867 shares during the last quarter. LVZ Inc. grew its position in JPMorgan U.S. Quality Factor ETF by 1.6% during the 1st quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock valued at $62,380,000 after purchasing an additional 15,791 shares during the last quarter. Finally, RVW Wealth LLC bought a new stake in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at about $74,549,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $75.89 on Friday. The stock has a market capitalization of $9.24 billion, a PE ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.70 and a 52-week high of $75.95. The company has a 50-day simple moving average of $74.40 and a two-hundred day simple moving average of $70.54.

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.