Golden State Wealth Management LLC Invests $4.95 Million in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Golden State Wealth Management LLC bought a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 86,362 shares of the company’s stock, valued at approximately $4,946,000. JPMorgan US Quality Factor ETF accounts for about 0.7% of Golden State Wealth Management LLC’s investment portfolio, making the stock its 26th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Alpha Financial Partners LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 3rd quarter valued at $515,000. Patten Group Inc. increased its stake in JPMorgan US Quality Factor ETF by 4.2% during the third quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock worth $510,000 after acquiring an additional 366 shares during the last quarter. Beaumont Financial Advisors LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 0.6% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 506,129 shares of the company’s stock worth $28,632,000 after purchasing an additional 3,191 shares during the period. Octavia Wealth Advisors LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 4.3% in the 3rd quarter. Octavia Wealth Advisors LLC now owns 434,592 shares of the company’s stock worth $24,585,000 after purchasing an additional 18,111 shares during the period. Finally, MorganRosel Wealth Management LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 1.3% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 113,859 shares of the company’s stock valued at $6,441,000 after purchasing an additional 1,415 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

JQUA opened at $60.16 on Friday. JPMorgan US Quality Factor ETF has a 1 year low of $49.60 and a 1 year high of $60.33. The firm has a 50 day moving average price of $58.69 and a 200 day moving average price of $56.85. The company 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 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.