JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Purchased by Mendel Money Management

Mendel Money Management raised its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 10.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,502 shares of the company’s stock after purchasing an additional 1,800 shares during the quarter. Mendel Money Management’s holdings in JPMorgan US Quality Factor ETF were worth $1,060,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Cerity Partners LLC purchased a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at $918,000. Private Trust Co. NA raised its holdings in shares of JPMorgan US Quality Factor ETF by 4.9% during the 3rd quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock valued at $413,000 after buying an additional 343 shares during the period. Blue Investment Partners LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 14.5% during the 3rd quarter. Blue Investment Partners LLC now owns 166,810 shares of the company’s stock valued at $9,436,000 after buying an additional 21,139 shares during the period. D.A. Davidson & CO. boosted its holdings in JPMorgan US Quality Factor ETF by 4.2% in the 3rd quarter. D.A. Davidson & CO. now owns 19,870 shares of the company’s stock worth $1,124,000 after acquiring an additional 805 shares during the period. Finally, FMR LLC grew its position in JPMorgan US Quality Factor ETF by 22.9% in the third quarter. FMR LLC now owns 16,613 shares of the company’s stock valued at $940,000 after acquiring an additional 3,092 shares in the last quarter.

JPMorgan US Quality Factor ETF Trading Down 0.2 %

Shares of JQUA stock opened at $57.45 on Wednesday. The firm has a fifty day simple moving average of $58.77 and a 200-day simple moving average of $57.96. The company has a market capitalization of $5.58 billion, a PE ratio of 24.30 and a beta of 0.95. JPMorgan US Quality Factor ETF has a twelve month low of $49.61 and a twelve month high of $60.79.

JPMorgan US Quality Factor ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.1591 per share. The ex-dividend date of this dividend is Tuesday, March 25th.

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.