Octavia Wealth Advisors LLC Raises Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Octavia Wealth Advisors LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 335,664 shares of the company’s stock after purchasing an additional 11,066 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for approximately 2.1% of Octavia Wealth Advisors LLC’s portfolio, making the stock its 13th largest position. Octavia Wealth Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $21,117,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JQUA. Drive Wealth Management LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 1.0% during the 2nd quarter. Drive Wealth Management LLC now owns 18,785 shares of the company’s stock valued at $1,128,000 after buying an additional 181 shares during the last quarter. AE Wealth Management LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 11.8% during the second quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock worth $107,000 after acquiring an additional 187 shares in the last quarter. Harbour Investments Inc. lifted its position in JPMorgan U.S. Quality Factor ETF by 26.5% in the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after acquiring an additional 190 shares in the last quarter. Financial Network Wealth Advisors LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 3.7% in the third quarter. Financial Network Wealth Advisors LLC now owns 5,574 shares of the company’s stock worth $351,000 after purchasing an additional 198 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 19.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock valued at $75,000 after buying an additional 201 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA JQUA opened at $64.26 on Thursday. The company has a market cap of $7.71 billion, a P/E ratio of 23.86 and a beta of 0.93. The firm has a 50-day simple moving average of $63.12 and a two-hundred day simple moving average of $62.22. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $64.63.

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.