JPMorgan U.S. Quality Factor ETF $JQUA Stake Boosted by Breakwater Capital Group

Breakwater Capital Group increased its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 11.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 414,268 shares of the company’s stock after buying an additional 42,271 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for 3.7% of Breakwater Capital Group’s portfolio, making the stock its largest position. Breakwater Capital Group owned approximately 0.34% of JPMorgan U.S. Quality Factor ETF worth $26,173,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

JPMorgan U.S. Quality Factor ETF Stock Down 1.2%

NYSEARCA JQUA opened at $61.47 on Monday. The firm has a market capitalization of $7.28 billion, a PE ratio of 23.86 and a beta of 0.93. The stock’s 50 day moving average is $63.77 and its 200 day moving average is $63.17. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $64.90.

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.