Cadent Capital Advisors LLC Buys 146,091 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Cadent Capital Advisors LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 146,091 shares of the company’s stock, valued at approximately $10,781,000. JPMorgan U.S. Quality Factor ETF makes up 2.3% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Focus Partners Wealth grew its holdings in JPMorgan U.S. Quality Factor ETF by 4,153.5% during the 4th quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock worth $86,462,000 after acquiring an additional 1,336,332 shares in the last quarter. Quadcap Wealth Management LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 2.9% in the 1st quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock worth $76,351,000 after purchasing an additional 34,752 shares during the period. Cetera Investment Advisers lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 41.7% in the 1st quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock worth $63,311,000 after purchasing an additional 303,867 shares during the period. LVZ Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.6% during the first quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock valued at $62,380,000 after purchasing an additional 15,791 shares in the last quarter. Finally, RVW Wealth LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $74,549,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA:JQUA traded up $0.46 during trading hours on Friday, reaching $75.81. The company’s stock had a trading volume of 140,755 shares, compared to its average volume of 705,862. The stock has a 50 day moving average price of $74.33 and a two-hundred day moving average price of $70.51. The company has a market capitalization of $9.23 billion, a P/E ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.70 and a 12 month high of $75.85.

JPMorgan U.S. Quality Factor ETF Company 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.