CX Institutional Buys Shares of 757 JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

CX Institutional bought a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 757 shares of the company’s stock, valued at approximately $43,000.

Several other hedge funds have also modified their holdings of the company. Betterment LLC increased its position in JPMorgan U.S. Quality Factor ETF by 3.7% during the 4th quarter. Betterment LLC now owns 5,494 shares of the company’s stock valued at $315,000 after buying an additional 195 shares in the last quarter. 49 Wealth Management LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 2.6% in the 4th quarter. 49 Wealth Management LLC now owns 7,956 shares of the company’s stock valued at $456,000 after purchasing an additional 199 shares during the last quarter. L & S Advisors Inc boosted its stake in JPMorgan U.S. Quality Factor ETF by 1.1% in the 4th quarter. L & S Advisors Inc now owns 40,501 shares of the company’s stock worth $2,320,000 after purchasing an additional 424 shares in the last quarter. FPC Investment Advisory Inc. purchased a new stake in JPMorgan U.S. Quality Factor ETF during the 4th quarter worth approximately $29,000. Finally, RFG Advisory LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 7.9% during the 1st quarter. RFG Advisory LLC now owns 6,819 shares of the company’s stock valued at $385,000 after purchasing an additional 498 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.6%

NYSEARCA JQUA opened at $58.94 on Wednesday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $60.79. The company has a fifty day simple moving average of $57.17 and a two-hundred day simple moving average of $57.76. The stock has a market cap of $6.23 billion, a P/E ratio of 24.59 and a beta of 0.94.

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.