RFG Advisory LLC Acquires Shares of 4,984 JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

RFG Advisory LLC bought a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 4,984 shares of the company’s stock, valued at approximately $239,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Tower Research Capital LLC TRC bought a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter worth $41,000. Fifth Third Bancorp acquired a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter worth about $55,000. Pinnacle Bancorp Inc. bought a new stake in JPMorgan US Quality Factor ETF in the 4th quarter worth about $59,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at approximately $61,000. Finally, Rosenberg Matthew Hamilton bought a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at approximately $69,000.

JPMorgan US Quality Factor ETF Trading Down 1.3 %

JQUA opened at $51.13 on Friday. The company has a 50 day moving average of $51.71 and a 200 day moving average of $47.91. The company has a market cap of $4.07 billion, a PE ratio of 25.51 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 12 month low of $40.64 and a 12 month high of $53.03.

About JPMorgan US Quality Factor ETF

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.