Ehrlich Financial Group Purchases 95,826 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Ehrlich Financial Group increased its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1,052.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 104,933 shares of the company’s stock after purchasing an additional 95,826 shares during the quarter. JPMorgan US Quality Factor ETF comprises approximately 4.3% of Ehrlich Financial Group’s portfolio, making the stock its 5th biggest holding. Ehrlich Financial Group’s holdings in JPMorgan US Quality Factor ETF were worth $6,010,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Thoroughbred Financial Services LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 8.1% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 47,746 shares of the company’s stock valued at $2,528,000 after acquiring an additional 3,569 shares during the period. Pinion Investment Advisors LLC raised its position in JPMorgan US Quality Factor ETF by 16.6% during the second quarter. Pinion Investment Advisors LLC now owns 115,147 shares of the company’s stock valued at $6,097,000 after purchasing an additional 16,401 shares in the last quarter. Collaborative Wealth Managment Inc. raised its position in JPMorgan US Quality Factor ETF by 0.6% during the second quarter. Collaborative Wealth Managment Inc. now owns 95,983 shares of the company’s stock valued at $5,082,000 after purchasing an additional 618 shares in the last quarter. L & S Advisors Inc lifted its stake in JPMorgan US Quality Factor ETF by 1.1% during the second quarter. L & S Advisors Inc now owns 41,951 shares of the company’s stock worth $2,221,000 after purchasing an additional 468 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. boosted its holdings in shares of JPMorgan US Quality Factor ETF by 21.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 82,351 shares of the company’s stock valued at $4,361,000 after purchasing an additional 14,702 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JPMorgan US Quality Factor ETF stock traded up $0.11 during trading on Monday, reaching $56.78. 489,877 shares of the company’s stock were exchanged, compared to its average volume of 501,676. JPMorgan US Quality Factor ETF has a 1-year low of $47.72 and a 1-year high of $60.33. The company has a market cap of $4.60 billion, a P/E ratio of 25.27 and a beta of 0.94. The firm’s 50-day moving average price is $58.46 and its 200 day moving average price is $56.16.

JPMorgan US 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.