ARQ Wealth Advisors LLC Invests $543,000 in JPMorgan U.S. Quality Factor ETF $JQUA

ARQ Wealth Advisors LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,637 shares of the company’s stock, valued at approximately $543,000.

Several other large investors have also bought and sold shares of JQUA. Wealth Watch Advisors INC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth about $57,000. MCF Advisors LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $57,000. DHJJ Financial Advisors Ltd. grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 56.4% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock valued at $57,000 after purchasing an additional 326 shares during the last quarter. Parkworth Wealth Management Inc. acquired a new position in JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth approximately $55,000. Finally, Asset Dedication LLC increased its position in JPMorgan U.S. Quality Factor ETF by 840.0% during the 2nd quarter. Asset Dedication LLC now owns 940 shares of the company’s stock worth $56,000 after purchasing an additional 840 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $62.99 on Wednesday. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $64.90. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. The firm has a 50 day simple moving average of $63.90 and a 200 day simple moving average of $63.16.

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.