Horizon Wealth Management LLC Purchases Shares of 7,901 JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Horizon Wealth Management LLC acquired a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,901 shares of the company’s stock, valued at approximately $452,000.

Several other institutional investors have also recently made changes to their positions in the company. Ehrlich Financial Group grew its position in JPMorgan US Quality Factor ETF by 1,052.2% during the fourth quarter. Ehrlich Financial Group now owns 104,933 shares of the company’s stock valued at $6,010,000 after buying an additional 95,826 shares during the period. Abound Wealth Management purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth about $55,000. Fulcrum Capital LLC grew its position in shares of JPMorgan US Quality Factor ETF by 17.3% during the 4th quarter. Fulcrum Capital LLC now owns 71,404 shares of the company’s stock valued at $4,089,000 after acquiring an additional 10,547 shares during the period. Future Financial Wealth Managment LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 3.9% in the 4th quarter. Future Financial Wealth Managment LLC now owns 34,154 shares of the company’s stock valued at $1,956,000 after purchasing an additional 1,281 shares in the last quarter. Finally, Emprise Bank acquired a new position in JPMorgan US Quality Factor ETF in the 4th quarter worth about $793,000.

JPMorgan US Quality Factor ETF Price Performance

JQUA stock traded up $0.11 during mid-day trading on Monday, reaching $56.78. 489,877 shares of the company’s stock were exchanged, compared to its average volume of 502,282. The company has a market cap of $4.60 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12-month low of $47.72 and a 12-month high of $60.33. The stock’s 50 day moving average is $58.46 and its 200 day moving average is $56.16.

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.