Geneos Wealth Management Inc. Has $15.06 Million Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Geneos Wealth Management Inc. increased its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 100.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 250,701 shares of the company’s stock after acquiring an additional 125,320 shares during the period. Geneos Wealth Management Inc. owned 0.22% of JPMorgan U.S. Quality Factor ETF worth $15,055,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Keystone Global Partners LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 77.7% during the 2nd quarter. Keystone Global Partners LLC now owns 117,713 shares of the company’s stock valued at $7,069,000 after purchasing an additional 51,468 shares during the last quarter. Sovran Advisors LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth about $221,000. Beacon Pointe Advisors LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the second quarter valued at about $2,308,000. Western Wealth Management LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.9% in the second quarter. Western Wealth Management LLC now owns 64,975 shares of the company’s stock valued at $3,902,000 after buying an additional 1,836 shares during the period. Finally, Golden State Wealth Management LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 0.9% in the second quarter. Golden State Wealth Management LLC now owns 93,542 shares of the company’s stock valued at $5,617,000 after buying an additional 844 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Down 0.9%

JQUA stock opened at $63.74 on Friday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $64.35. The company has a market cap of $7.58 billion, a PE ratio of 23.86 and a beta of 0.93. The business’s 50-day simple moving average is $62.59 and its 200 day simple moving average is $61.48.

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.