Fifth Third Wealth Advisors LLC Makes New $14.54 Million Investment in JPMorgan U.S. Quality Factor ETF $JQUA

Fifth Third Wealth Advisors LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 196,960 shares of the company’s stock, valued at approximately $14,536,000.

Several other institutional investors have also recently added to or reduced their stakes in JQUA. World Investment Advisors lifted its holdings in JPMorgan U.S. Quality Factor ETF by 1.9% during the 1st quarter. World Investment Advisors now owns 8,608 shares of the company’s stock worth $528,000 after buying an additional 160 shares during the last quarter. Axis Wealth Partners LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 4.9% during the first quarter. Axis Wealth Partners LLC now owns 3,493 shares of the company’s stock valued at $214,000 after buying an additional 164 shares in the last quarter. Wilkerson Advisory Group LLC grew its position in JPMorgan U.S. Quality Factor ETF by 2.3% in the first quarter. Wilkerson Advisory Group LLC now owns 8,342 shares of the company’s stock worth $512,000 after buying an additional 187 shares during the last quarter. Illumine Investment Management LLC grew its position in JPMorgan U.S. Quality Factor ETF by 1.2% during the 1st quarter. Illumine Investment Management LLC now owns 20,480 shares of the company’s stock worth $1,256,000 after purchasing an additional 245 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $29,000.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA stock opened at $75.92 on Friday. The firm has a market cap of $9.35 billion, a P/E ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.70 and a fifty-two week high of $76.43. The stock’s 50-day moving average is $74.65 and its two-hundred day moving average is $71.55.

JPMorgan U.S. Quality Factor ETF Company 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.