Illumine Investment Management LLC Purchases Shares of 17,101 JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Illumine Investment Management LLC acquired a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 17,101 shares of the company’s stock, valued at approximately $979,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Savant Capital LLC raised its stake in JPMorgan US Quality Factor ETF by 21.6% during 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 purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at about $36,676,000. LPL Financial LLC boosted its position in shares of 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 valued at $200,219,000 after purchasing an additional 510,409 shares during the period. Mason & Associates Inc lifted its stake in JPMorgan US Quality Factor ETF by 57.4% in the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after buying an additional 494,630 shares during the last quarter. Finally, Spectrum Wealth Advisory Group LLC acquired a new position in JPMorgan US Quality Factor ETF in the third quarter valued at $27,648,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA stock opened at $58.68 on Friday. JPMorgan US Quality Factor ETF has a 1-year low of $49.60 and a 1-year high of $60.79. The business’s fifty day moving average price is $58.88 and its 200 day moving average price is $57.59. The firm has a market capitalization of $5.84 billion, a PE ratio of 25.89 and a beta of 0.95.

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.