JPMorgan U.S. Quality Factor ETF $JQUA is Blue Investment Partners LLC’s 10th Largest Position

Blue Investment Partners LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 189,710 shares of the company’s stock after buying an additional 10,664 shares during the period. JPMorgan U.S. Quality Factor ETF comprises about 4.0% of Blue Investment Partners LLC’s investment portfolio, making the stock its 10th biggest holding. Blue Investment Partners LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $11,392,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Harbour Investments Inc. raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 26.5% during the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares in the last quarter. GPS Wealth Strategies Group LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 19.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock valued at $75,000 after purchasing an additional 201 shares in the last quarter. Larson Financial Group LLC increased its position in JPMorgan U.S. Quality Factor ETF by 1,183.8% in the 1st quarter. Larson Financial Group LLC now owns 2,375 shares of the company’s stock worth $134,000 after purchasing an additional 2,190 shares during the last quarter. Harbor Asset Planning Inc. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth about $136,000. Finally, Iams Wealth Management LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at approximately $203,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA:JQUA opened at $62.26 on Thursday. The company has a market capitalization of $7.40 billion, a P/E ratio of 23.86 and a beta of 0.93. The stock’s 50 day moving average price is $62.56 and its 200 day moving average price is $60.44. JPMorgan U.S. Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $63.74.

JPMorgan U.S. Quality Factor ETF Profile

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.