OakTrust Wealth Advisors LLC Invests $706,000 in JPMorgan U.S. Quality Factor ETF $JQUA

OakTrust Wealth Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 11,178 shares of the company’s stock, valued at approximately $706,000. JPMorgan U.S. Quality Factor ETF makes up 0.7% of OakTrust Wealth Advisors LLC’s portfolio, making the stock its 26th biggest holding.

A number of other large investors also recently bought and sold shares of the business. TD Capital Management LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 12.0% during the fourth quarter. TD Capital Management LLC now owns 56,723 shares of the company’s stock valued at $3,584,000 after purchasing an additional 6,082 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 105.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 14,231 shares of the company’s stock worth $899,000 after purchasing an additional 7,295 shares in the last quarter. Onyx Bridge Wealth Group LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.3% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 121,830 shares of the company’s stock worth $7,697,000 after purchasing an additional 1,538 shares in the last quarter. Beacon Pointe Advisors LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 6.4% in the 4th quarter. Beacon Pointe Advisors LLC now owns 218,880 shares of the company’s stock worth $13,829,000 after purchasing an additional 13,218 shares in the last quarter. Finally, EP Wealth Advisors LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 4th quarter worth approximately $8,986,000.

JPMorgan U.S. Quality Factor ETF Stock Up 1.2%

JQUA stock opened at $71.42 on Friday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $58.31 and a twelve month high of $72.31. The firm has a market cap of $8.03 billion, a PE ratio of 23.86 and a beta of 0.91. The business has a 50 day moving average of $68.13 and a 200 day moving average of $65.08.

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.