989,337 Shares of JPMorgan U.S. Quality Factor ETF $JQUA Purchased by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 989,337 shares of the company’s stock, valued at approximately $73,013,000. JPMorgan U.S. Quality Factor ETF accounts for 2.0% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 8th largest position. Avidian Wealth Enterprises LLC owned about 0.81% of JPMorgan U.S. Quality Factor ETF as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Focus Partners Wealth boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 4,153.5% in the fourth quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock valued at $86,462,000 after acquiring an additional 1,336,332 shares during the period. RVW Wealth LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $74,549,000. Hughes Financial Services LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 15,645.5% during the 4th quarter. Hughes Financial Services LLC now owns 876,395 shares of the company’s stock valued at $55,371,000 after acquiring an additional 870,829 shares in the last quarter. hemming& Wealth Management Inc. bought a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at $29,734,000. Finally, Cetera Investment Advisers boosted its position in JPMorgan U.S. Quality Factor ETF by 41.7% during the first 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.

JPMorgan U.S. Quality Factor ETF Trading Down 0.0%

JQUA traded down $0.01 during midday trading on Thursday, hitting $75.15. 190,451 shares of the company were exchanged, compared to its average volume of 707,143. The company’s 50 day simple moving average is $74.26 and its 200 day simple moving average is $70.41. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.70 and a 1-year high of $75.69. The firm has a market capitalization of $9.15 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90.

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.