Arkadios Wealth Advisors Increases Position in JPMorgan U.S. Quality Factor ETF $JQUA

Arkadios Wealth Advisors increased its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 164.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,842 shares of the company’s stock after acquiring an additional 16,689 shares during the period. Arkadios Wealth Advisors’ holdings in JPMorgan U.S. Quality Factor ETF were worth $1,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Savant Capital LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 14.7% in the second quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock valued at $503,341,000 after purchasing an additional 1,072,456 shares during the period. Warren Street Wealth Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $40,299,000. Intellus Advisors LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 181.2% in the second quarter. Intellus Advisors LLC now owns 523,325 shares of the company’s stock valued at $31,426,000 after buying an additional 337,229 shares during the last quarter. LVZ Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 48.5% in the 3rd quarter. LVZ Inc. now owns 997,493 shares of the company’s stock worth $62,752,000 after buying an additional 325,663 shares during the period. Finally, JPMorgan Chase & Co. raised its position in JPMorgan U.S. Quality Factor ETF by 29.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,325,435 shares of the company’s stock worth $79,592,000 after buying an additional 302,640 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.5%

Shares of NYSEARCA JQUA opened at $64.31 on Friday. The company has a 50 day simple moving average of $63.33 and a two-hundred day simple moving average of $62.36. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.82.

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.