Westfuller Advisors LLC Invests $1.80 Million in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Westfuller Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 31,828 shares of the company’s stock, valued at approximately $1,800,000. JPMorgan US Quality Factor ETF makes up about 1.3% of Westfuller Advisors LLC’s investment portfolio, making the stock its 23rd biggest position.

A number of other institutional investors have also made changes to their positions in JQUA. Savant Capital LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 26.2% in the second quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock worth $150,825,000 after purchasing an additional 590,900 shares in the last quarter. LPL Financial LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 16.9% in the second quarter. LPL Financial LLC now owns 3,028,907 shares of the company’s stock worth $160,381,000 after purchasing an additional 437,404 shares in the last quarter. Tull Financial Group Inc. bought a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter worth $24,025,000. Goldstone Financial Group LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter worth $23,250,000. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in JPMorgan US Quality Factor ETF by 63.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 691,322 shares of the company’s stock worth $36,606,000 after buying an additional 269,577 shares during the last quarter.

JPMorgan US Quality Factor ETF Trading Down 1.2 %

Shares of JQUA opened at $57.56 on Friday. The company has a market cap of $4.66 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1-year low of $44.89 and a 1-year high of $59.07. The company’s fifty day simple moving average is $56.71 and its 200 day simple moving average is $54.32.

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.