WealthShield Partners LLC Buys 737 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

WealthShield Partners LLC grew its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 23,502 shares of the company’s stock after purchasing an additional 737 shares during the quarter. WealthShield Partners LLC’s holdings in JPMorgan US Quality Factor ETF were worth $1,346,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in JQUA. Savant Capital LLC grew its stake in JPMorgan US Quality Factor ETF by 21.6% in the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock worth $356,484,000 after acquiring an additional 1,104,556 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in JPMorgan US Quality Factor ETF in the 4th quarter worth about $36,676,000. LPL Financial LLC grew its stake in JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after acquiring an additional 510,409 shares in the last quarter. Mason & Associates Inc grew its stake in JPMorgan US Quality Factor ETF by 57.4% in the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after acquiring an additional 494,630 shares in the last quarter. Finally, Spectrum Wealth Advisory Group LLC bought a new position in JPMorgan US Quality Factor ETF in the 3rd quarter worth about $27,648,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA stock opened at $59.41 on Tuesday. The company has a market capitalization of $5.92 billion, a P/E ratio of 25.89 and a beta of 0.95. The company’s 50-day simple moving average is $58.81 and its two-hundred day simple moving average is $57.52. JPMorgan US Quality Factor ETF has a one year low of $49.60 and a one year high of $60.79.

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.