High Net Worth Advisory Group LLC Makes New $526,000 Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

High Net Worth Advisory Group LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 9,292 shares of the company’s stock, valued at approximately $526,000.

Other hedge funds have also recently made changes to their positions in the company. Koesten Hirschmann & Crabtree INC. boosted its stake in shares of JPMorgan US Quality Factor ETF by 145.5% in the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after buying an additional 320 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the second quarter worth about $34,000. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $36,000. EverSource Wealth Advisors LLC bought a new position in JPMorgan US Quality Factor ETF during the second quarter valued at $44,000. Finally, Atlanta Consulting Group Advisors LLC purchased a new position in JPMorgan US Quality Factor ETF in the first quarter worth about $86,000.

JPMorgan US Quality Factor ETF Trading Up 0.7 %

Shares of JQUA opened at $57.20 on Monday. The company has a market cap of $4.63 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a twelve month low of $41.37 and a twelve month high of $57.26. The company’s fifty day simple moving average is $55.10 and its 200-day simple moving average is $53.27.

JPMorgan US 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.