Walkner Condon Financial Advisors LLC Takes $230,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Walkner Condon Financial Advisors LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,016 shares of the company’s stock, valued at approximately $230,000.

A number of other institutional investors have also recently made changes to their positions in the company. Allworth Financial LP grew its holdings in shares of JPMorgan US Quality Factor ETF by 5.6% during the third quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock valued at $273,000 after buying an additional 258 shares during the last quarter. Baker Tilly Wealth Management LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 5.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock valued at $361,000 after buying an additional 342 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of JPMorgan US Quality Factor ETF by 4.9% during the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock valued at $413,000 after buying an additional 343 shares during the last quarter. Fortitude Family Office LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after buying an additional 550 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its holdings in shares of JPMorgan US Quality Factor ETF by 3.6% during the third quarter. Nations Financial Group Inc. IA ADV now owns 18,681 shares of the company’s stock valued at $1,057,000 after buying an additional 645 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Down 0.4 %

NYSEARCA:JQUA opened at $60.41 on Friday. JPMorgan US Quality Factor ETF has a 52 week low of $49.60 and a 52 week high of $60.63. The company’s 50 day moving average price is $58.72 and its 200-day moving average price is $57.14. The stock has a market cap of $4.89 billion, a price-to-earnings 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.