42,930 Shares in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the 4th quarter, Holdings Channel reports. The firm purchased 42,930 shares of the company’s stock, valued at approximately $2,055,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James & Associates grew its stake in JPMorgan US Quality Factor ETF by 4.5% during the first quarter. Raymond James & Associates now owns 21,466 shares of the company’s stock worth $920,000 after buying an additional 924 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in JPMorgan US Quality Factor ETF by 22.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 29,540 shares of the company’s stock worth $1,267,000 after buying an additional 5,365 shares during the period. Prudential Financial Inc. grew its stake in JPMorgan US Quality Factor ETF by 16.2% during the first quarter. Prudential Financial Inc. now owns 11,096 shares of the company’s stock worth $476,000 after buying an additional 1,544 shares during the period. Fort Point Capital Partners LLC grew its stake in JPMorgan US Quality Factor ETF by 7.1% during the first quarter. Fort Point Capital Partners LLC now owns 18,481 shares of the company’s stock worth $792,000 after buying an additional 1,224 shares during the period. Finally, UBS Group AG grew its stake in JPMorgan US Quality Factor ETF by 2,419.0% during the first quarter. UBS Group AG now owns 4,106 shares of the company’s stock worth $176,000 after buying an additional 3,943 shares during the period.

JPMorgan US Quality Factor ETF Stock Down 0.4 %

JQUA opened at $49.78 on Friday. JPMorgan US Quality Factor ETF has a 52-week low of $40.64 and a 52-week high of $53.03. The company has a 50 day moving average of $51.68 and a two-hundred day moving average of $48.12. The company has a market cap of $3.96 billion, a P/E ratio of 25.51 and a beta of 0.95.

About JPMorgan US Quality Factor ETF

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.