Round Rock Advisors LLC Takes $200,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Round Rock Advisors LLC purchased a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, Holdings Channel reports. The fund purchased 3,500 shares of the company’s stock, valued at approximately $200,000.

Other institutional investors also recently added to or reduced their stakes in the company. Alpha Financial Partners LLC bought a new stake in JPMorgan US Quality Factor ETF in the third quarter worth about $515,000. Dynamic Advisor Solutions LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 13.6% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 148,763 shares of the company’s stock worth $8,416,000 after purchasing an additional 17,764 shares during the period. Future Financial Wealth Managment LLC lifted its stake in JPMorgan US Quality Factor ETF by 1.4% in the third quarter. Future Financial Wealth Managment LLC now owns 32,873 shares of the company’s stock valued at $1,860,000 after purchasing an additional 445 shares during the last quarter. Patten Group Inc. grew its holdings in JPMorgan US Quality Factor ETF by 4.2% during the third quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock valued at $510,000 after purchasing an additional 366 shares during the period. Finally, Beaumont Financial Advisors LLC increased its position in JPMorgan US Quality Factor ETF by 0.6% in the third quarter. Beaumont Financial Advisors LLC now owns 506,129 shares of the company’s stock worth $28,632,000 after buying an additional 3,191 shares during the last quarter.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA opened at $59.57 on Monday. JPMorgan US Quality Factor ETF has a 1 year low of $49.08 and a 1 year high of $60.33. The stock’s fifty day moving average price is $58.67 and its two-hundred day moving average price is $56.72. The firm has a market cap of $4.82 billion, a PE ratio of 25.27 and a beta of 0.94.

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.