Onyx Bridge Wealth Group LLC Raises Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Onyx Bridge Wealth Group LLC boosted its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 114,214 shares of the company’s stock after purchasing an additional 4,853 shares during the period. JPMorgan US Quality Factor ETF comprises 0.9% of Onyx Bridge Wealth Group LLC’s portfolio, making the stock its 29th biggest holding. Onyx Bridge Wealth Group LLC owned about 0.14% of JPMorgan US Quality Factor ETF worth $6,541,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. CENTRAL TRUST Co purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $47,000. Abound Wealth Management bought a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $55,000. Fortitude Family Office LLC purchased a new stake in JPMorgan US Quality Factor ETF in the 3rd quarter valued at about $68,000. Heck Capital Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF during the 4th quarter valued at $172,000. Finally, Round Rock Advisors LLC bought a new position in JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $200,000.

JPMorgan US Quality Factor ETF Stock Up 0.7 %

Shares of JPMorgan US Quality Factor ETF stock opened at $60.14 on Thursday. JPMorgan US Quality Factor ETF has a 52-week low of $49.60 and a 52-week high of $60.33. The company has a market cap of $4.87 billion, a P/E ratio of 25.27 and a beta of 0.94. The firm’s 50 day moving average price is $58.68 and its 200-day moving average price is $56.83.

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.