JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) is Sanchez Wealth Management Group’s 10th Largest Position

Sanchez Wealth Management Group boosted its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 297,615 shares of the company’s stock after buying an additional 16,775 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for about 4.6% of Sanchez Wealth Management Group’s investment portfolio, making the stock its 10th biggest holding. Sanchez Wealth Management Group owned approximately 0.30% of JPMorgan U.S. Quality Factor ETF worth $16,806,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. FPC Investment Advisory Inc. purchased a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter worth $29,000. Guardian Wealth Advisors LLC NC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter valued at about $43,000. CX Institutional acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 1st quarter valued at about $43,000. GPS Wealth Strategies Group LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 49.9% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 1,049 shares of the company’s stock valued at $59,000 after acquiring an additional 349 shares during the period. Finally, Aptus Capital Advisors LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 166.4% during the 4th quarter. Aptus Capital Advisors LLC now owns 1,849 shares of the company’s stock valued at $106,000 after acquiring an additional 1,155 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Up 0.3%

NYSEARCA:JQUA opened at $59.73 on Friday. JPMorgan U.S. Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $60.79. The stock has a market capitalization of $6.23 billion, a PE ratio of 24.59 and a beta of 0.95. The stock’s 50-day moving average price is $56.74 and its 200-day moving average price is $57.79.

About JPMorgan U.S. 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.