First Horizon Corp Takes Position in JPMorgan U.S. Quality Factor ETF $JQUA

First Horizon Corp bought a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 8,010 shares of the company’s stock, valued at approximately $506,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JQUA. DHJJ Financial Advisors Ltd. grew its position in JPMorgan U.S. Quality Factor ETF by 56.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock valued at $57,000 after acquiring an additional 326 shares in the last quarter. MCF Advisors LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $57,000. Wealth Watch Advisors INC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $57,000. Smartleaf Asset Management LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% in the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after purchasing an additional 998 shares during the period. Finally, Longview Financial Advisors LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at $66,000.

JPMorgan U.S. Quality Factor ETF Trading Up 0.2%

JQUA opened at $65.74 on Tuesday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $51.76 and a twelve month high of $65.83. The firm has a market cap of $7.37 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. The company has a fifty day simple moving average of $63.14 and a 200 day simple moving average of $63.18.

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.