JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Bought by Fifth Third Securities Inc.

Fifth Third Securities Inc. lifted its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 6.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,926 shares of the company’s stock after purchasing an additional 2,701 shares during the period. Fifth Third Securities Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $2,573,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JQUA. Wealth Enhancement Advisory Services LLC purchased a new stake in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $36,676,000. LPL Financial LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 16.9% in the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after buying an additional 510,409 shares during the last quarter. Mason & Associates Inc raised its holdings in JPMorgan US Quality Factor ETF by 57.4% in the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after acquiring an additional 494,630 shares in the last quarter. Spectrum Wealth Advisory Group LLC bought a new position in JPMorgan US Quality Factor ETF during the 3rd quarter valued at $27,648,000. Finally, Tull Financial Group Inc. acquired a new position in JPMorgan US Quality Factor ETF during the 3rd quarter worth $24,025,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $59.57 on Friday. JPMorgan US Quality Factor ETF has a 1 year low of $49.08 and a 1 year high of $60.33. The firm’s 50-day simple moving average is $58.67 and its 200-day simple moving average is $56.69. The firm has a market cap of $4.82 billion, a PE ratio of 25.27 and a beta of 0.94.

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.