Kestra Advisory Services LLC Makes New Investment in JPMorgan U.S. Quality Factor ETF $JQUA

Kestra Advisory Services LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 789,649 shares of the company’s stock, valued at approximately $58,276,000. Kestra Advisory Services LLC owned 0.63% of JPMorgan U.S. Quality Factor ETF at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Quadcap Wealth Management LLC bought a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $92,824,000. StrongBox Wealth LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $6,269,000. Commonwealth Equity Services LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $61,749,000. Sanchez Wealth Management Group bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $1,550,000. Finally, Strategent Financial LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 3.6% during the third quarter. Strategent Financial LLC now owns 394,767 shares of the company’s stock valued at $29,134,000 after acquiring an additional 13,630 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JPMorgan U.S. Quality Factor ETF stock traded down $0.06 during midday trading on Friday, reaching $73.34. 1,565,156 shares of the company’s stock traded hands, compared to its average volume of 745,156. The stock has a 50 day moving average of $74.82 and a 200-day moving average of $69.63. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.70 and a 12 month high of $76.68. The company has a market cap of $9.44 billion, a PE ratio of 23.53 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.