Perryman Financial Advisory Inc. AD Acquires New Position in JPMorgan U.S. Quality Factor ETF $JQUA

Perryman Financial Advisory Inc. AD acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, HoldingsChannel reports. The fund acquired 52,277 shares of the company’s stock, valued at approximately $3,858,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Elm3 Financial Group LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $893,000. Baird Financial Group Inc. grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 8.8% during the second quarter. Baird Financial Group Inc. now owns 110,135 shares of the company’s stock worth $7,961,000 after purchasing an additional 8,909 shares during the period. Blue Trust Inc. grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 12.3% during the first quarter. Blue Trust Inc. now owns 97,962 shares of the company’s stock worth $6,007,000 after purchasing an additional 10,709 shares during the period. Independent Financial Group LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the first quarter valued at about $10,477,000. Finally, hemming& Wealth Management Inc. bought a new stake in JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at about $29,734,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA:JQUA traded down $1.04 during mid-day trading on Friday, hitting $74.89. The company had a trading volume of 917,361 shares, compared to its average volume of 714,138. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.70 and a fifty-two week high of $76.06. The business’s fifty day moving average is $74.55 and its two-hundred day moving average is $71.04. The firm has a market cap of $9.18 billion, a P/E ratio of 23.86 and a beta of 0.90.

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.