283,498 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 283,498 shares of the company’s stock, valued at approximately $20,922,000. Park Avenue Securities LLC owned approximately 0.23% of JPMorgan U.S. Quality Factor ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Elm3 Financial Group LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $893,000. Baird Financial Group Inc. raised its holdings in JPMorgan U.S. Quality Factor ETF by 8.8% during the 2nd quarter. Baird Financial Group Inc. now owns 110,135 shares of the company’s stock valued at $7,961,000 after buying an additional 8,909 shares during the period. Independent Financial Group LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the first quarter worth $10,477,000. Gibbs Wealth Management lifted its position in JPMorgan U.S. Quality Factor ETF by 114.5% in the first quarter. Gibbs Wealth Management now owns 92,546 shares of the company’s stock worth $5,675,000 after buying an additional 49,407 shares during the last quarter. Finally, Fifth Third Bancorp bought a new stake in JPMorgan U.S. Quality Factor ETF in the first quarter worth $2,773,000.

JPMorgan U.S. Quality Factor ETF Stock Up 0.7%

JQUA stock opened at $76.42 on Tuesday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $76.51. The stock has a market capitalization of $9.43 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The firm’s fifty day simple moving average is $74.69 and its two-hundred day simple moving average is $69.12.

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.