Weil Company Inc. Raises Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Weil Company Inc. boosted its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 18.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 149,409 shares of the company’s stock after purchasing an additional 23,494 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for 2.2% of Weil Company Inc.’s holdings, making the stock its 12th largest holding. Weil Company Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $9,440,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 2.8% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock worth $45,338,000 after purchasing an additional 19,436 shares during the period. HighTower Advisors LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 13.4% in the third quarter. HighTower Advisors LLC now owns 385,333 shares of the company’s stock valued at $24,242,000 after buying an additional 45,556 shares during the period. Hershey Financial Advisers LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the second quarter valued at approximately $1,066,000. Beacon Pointe Advisors LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the second quarter valued at approximately $2,308,000. Finally, Dynamic Advisor Solutions LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 71.9% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 313,401 shares of the company’s stock worth $19,801,000 after buying an additional 131,103 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Down 1.5%

JPMorgan U.S. Quality Factor ETF stock opened at $60.04 on Friday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90. The firm has a fifty day moving average of $63.46 and a 200-day moving average of $63.13. The firm has a market capitalization of $7.11 billion, a P/E ratio of 23.86 and a beta of 0.93.

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.