FPC Investment Advisory Inc. Buys Shares of 479 JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

FPC Investment Advisory Inc. bought a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 479 shares of the company’s stock, valued at approximately $29,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JQUA. CENTRAL TRUST Co bought a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $47,000. Abound Wealth Management bought a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $55,000. Fortitude Family Office LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the third quarter worth approximately $68,000. New Republic Capital LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $107,000. Finally, Heck Capital Advisors LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $172,000.

JPMorgan US Quality Factor ETF Price Performance

JQUA opened at $59.47 on Friday. The firm has a market cap of $5.92 billion, a P/E ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 1-year low of $49.60 and a 1-year high of $60.79. The company has a 50 day simple moving average of $58.81 and a two-hundred day simple moving average of $57.43.

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.