Quadcap Wealth Management LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 1,257,784 shares of the company’s stock, valued at approximately $92,824,000. JPMorgan U.S. Quality Factor ETF accounts for approximately 8.4% of Quadcap Wealth Management LLC’s portfolio, making the stock its largest holding.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Fortitude Family Office LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter worth $29,000. Pinnacle Bancorp Inc. acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $40,000. Root Financial Partners LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $60,000. DHJJ Financial Advisors Ltd. bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $67,000. Finally, CoreCap Advisors LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $77,000.
JPMorgan U.S. Quality Factor ETF Price Performance
Shares of JQUA opened at $73.40 on Friday. The stock has a 50-day moving average of $74.86 and a 200-day moving average of $69.58. The company has a market cap of $9.29 billion, a PE ratio of 23.53 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a one year low of $59.70 and a one year high of $76.68.
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.
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