Commonwealth Equity Services LLC Boosts Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Commonwealth Equity Services LLC grew its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 57.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 784,537 shares of the company’s stock after buying an additional 286,344 shares during the quarter. Commonwealth Equity Services LLC owned 1.87% of JPMorgan US Quality Factor ETF worth $37,548,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. CWM LLC boosted its holdings in JPMorgan US Quality Factor ETF by 66,500.0% in the fourth quarter. CWM LLC now owns 666 shares of the company’s stock worth $32,000 after purchasing an additional 665 shares during the last quarter. Fifth Third Bancorp purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $55,000. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $59,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $61,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $69,000.

JPMorgan US Quality Factor ETF Trading Up 1.0 %

JQUA opened at $50.74 on Friday. JPMorgan US Quality Factor ETF has a 1-year low of $40.72 and a 1-year high of $53.03. The company has a market capitalization of $4.05 billion, a PE ratio of 24.42 and a beta of 0.94. The firm’s 50 day simple moving average is $51.61 and its two-hundred day simple moving average is $48.63.

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.