Enzi Wealth Has $8.09 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Enzi Wealth boosted its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 136,571 shares of the company’s stock after purchasing an additional 2,768 shares during the quarter. JPMorgan US Quality Factor ETF makes up approximately 3.1% of Enzi Wealth’s investment portfolio, making the stock its 12th biggest position. Enzi Wealth’s holdings in JPMorgan US Quality Factor ETF were worth $8,092,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Abound Wealth Management acquired a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth about $55,000. Fortitude Family Office LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the 3rd quarter worth approximately $68,000. EP Wealth Advisors LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $109,000. PDS Planning Inc bought a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter worth approximately $217,000. Finally, Tevis Investment Management acquired a new position in JPMorgan US Quality Factor ETF in the third quarter valued at approximately $230,000.

JPMorgan US Quality Factor ETF Stock Performance

JQUA opened at $59.38 on Thursday. The company has a fifty day moving average price of $58.63 and a two-hundred day moving average price of $56.63. The firm has a market capitalization of $4.81 billion, a PE ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52 week low of $49.08 and a 52 week high of $60.33.

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.