Columbus Macro LLC Acquires 114,832 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Columbus Macro LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 114,832 shares of the company’s stock, valued at approximately $8,475,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of JQUA. Aspen Wealth Management LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $1,834,000. Focus Financial Network Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $8,676,000. Signal Advisors Wealth LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $308,000. Foster Group Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $2,047,000. Finally, Financial Futures Ltd Liability Co. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $5,991,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JPMorgan U.S. Quality Factor ETF stock traded down $0.60 on Wednesday, hitting $75.11. The stock had a trading volume of 1,225,351 shares, compared to its average volume of 710,768. The stock has a 50 day moving average of $74.48 and a 200 day moving average of $70.80. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $76.06. The firm has a market capitalization of $9.19 billion, a P/E 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.