Marks Group Wealth Management Inc Has $12.74 Million Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Marks Group Wealth Management Inc increased its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 1,809.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,754 shares of the company’s stock after acquiring an additional 196,871 shares during the period. JPMorgan U.S. Quality Factor ETF comprises approximately 1.2% of Marks Group Wealth Management Inc’s portfolio, making the stock its 13th biggest holding. Marks Group Wealth Management Inc owned about 0.18% of JPMorgan U.S. Quality Factor ETF worth $12,739,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of JQUA. Savant Capital LLC increased its position in JPMorgan U.S. Quality Factor ETF by 10.8% in the 4th quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after purchasing an additional 996,453 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.2% during the 4th quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock valued at $344,583,000 after buying an additional 66,385 shares during the last quarter. Morgan Stanley grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 11.0% in the 4th quarter. Morgan Stanley now owns 2,960,267 shares of the company’s stock valued at $187,030,000 after buying an additional 293,117 shares in the last quarter. Sage Mountain Advisors LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.7% in the 4th quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock valued at $185,721,000 after buying an additional 50,109 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 16.8% in the third quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock worth $106,439,000 after buying an additional 243,540 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA opened at $72.00 on Thursday. The firm has a market cap of $8.14 billion, a PE ratio of 23.86 and a beta of 0.91. The firm’s 50 day moving average price is $70.57 and its 200 day moving average price is $66.17. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.23 and a twelve month high of $72.66.

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.