Princeton Global Asset Management LLC Grows Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Princeton Global Asset Management LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 5.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,149 shares of the company’s stock after buying an additional 2,111 shares during the quarter. Princeton Global Asset Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $2,351,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Continuum Advisory LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 775.0% in the first quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock valued at $26,000 after purchasing an additional 403 shares during the period. Harbour Investments Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 26.5% in the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after purchasing an additional 190 shares during the period. Harbor Asset Planning Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the second quarter valued at $136,000. Larson Financial Group LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 1,183.8% in the first quarter. Larson Financial Group LLC now owns 2,375 shares of the company’s stock valued at $134,000 after purchasing an additional 2,190 shares during the period. Finally, Iams Wealth Management LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the second quarter valued at $203,000.

JPMorgan U.S. Quality Factor ETF Trading Up 0.7%

Shares of JQUA stock opened at $62.30 on Monday. The company has a market capitalization of $7.37 billion, a PE ratio of 23.86 and a beta of 0.92. The firm has a fifty day simple moving average of $62.19 and a 200-day simple moving average of $59.54. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $63.43.

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.