Avidian Wealth Enterprises LLC Increases Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Avidian Wealth Enterprises LLC boosted its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 5.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 691,132 shares of the company’s stock after buying an additional 34,027 shares during the period. JPMorgan US Quality Factor ETF makes up approximately 1.8% of Avidian Wealth Enterprises LLC’s holdings, making the stock its 14th largest holding. Avidian Wealth Enterprises LLC’s holdings in JPMorgan US Quality Factor ETF were worth $39,581,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Savant Capital LLC boosted its stake in shares of JPMorgan US Quality Factor ETF by 21.6% during the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock worth $356,484,000 after purchasing an additional 1,104,556 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth about $36,676,000. LPL Financial LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after buying an additional 510,409 shares during the period. Mason & Associates Inc grew its stake in shares of JPMorgan US Quality Factor ETF by 57.4% during the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after buying an additional 494,630 shares during the last quarter. Finally, Spectrum Wealth Advisory Group LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter worth approximately $27,648,000.

JPMorgan US Quality Factor ETF Trading Up 0.0 %

NYSEARCA JQUA opened at $60.21 on Wednesday. The stock has a market cap of $4.87 billion, a PE ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12 month low of $49.60 and a 12 month high of $60.42. The company’s 50-day moving average price is $58.71 and its 200-day moving average price is $57.04.

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.