63,403 Shares in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Bought by Arrowroot Family Office LLC

Arrowroot Family Office LLC purchased a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 63,403 shares of the company’s stock, valued at approximately $3,587,000. JPMorgan US Quality Factor ETF makes up 2.1% of Arrowroot Family Office LLC’s holdings, making the stock its 14th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cetera Investment Advisers boosted its holdings in shares of JPMorgan US Quality Factor ETF by 79.5% during the 1st quarter. Cetera Investment Advisers now owns 165,036 shares of the company’s stock valued at $8,726,000 after purchasing an additional 73,103 shares during the last quarter. Albion Financial Group UT purchased a new position in JPMorgan US Quality Factor ETF during the 2nd quarter valued at approximately $346,000. Clarus Wealth Advisors increased its stake in JPMorgan US Quality Factor ETF by 4.4% in the 2nd quarter. Clarus Wealth Advisors now owns 56,755 shares of the company’s stock worth $3,043,000 after acquiring an additional 2,402 shares during the last quarter. Sax Wealth Advisors LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $343,000. Finally, Capital CS Group LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the 2nd quarter valued at approximately $330,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA opened at $59.72 on Monday. The stock has a market capitalization of $4.83 billion, a PE ratio of 25.27 and a beta of 0.94. The company’s fifty day moving average is $57.42 and its 200 day moving average is $54.87. JPMorgan US Quality Factor ETF has a fifty-two week low of $45.45 and a fifty-two week high of $59.82.

JPMorgan US Quality Factor ETF Company 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.