Kingsview Wealth Management LLC Has $3.47 Million Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Kingsview Wealth Management LLC lifted its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 13.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 60,597 shares of the company’s stock after buying an additional 7,415 shares during the quarter. Kingsview Wealth Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $3,470,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Alpha Financial Partners LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth about $515,000. MorganRosel Wealth Management LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 1.3% during the 3rd quarter. MorganRosel Wealth Management LLC now owns 113,859 shares of the company’s stock valued at $6,441,000 after purchasing an additional 1,415 shares in the last quarter. Redhawk Wealth Advisors Inc. grew its stake in JPMorgan US Quality Factor ETF by 6.9% during the third quarter. Redhawk Wealth Advisors Inc. now owns 136,050 shares of the company’s stock worth $7,696,000 after purchasing an additional 8,732 shares during the period. High Net Worth Advisory Group LLC bought a new stake in JPMorgan US Quality Factor ETF in the third quarter worth approximately $526,000. Finally, Tsfg LLC lifted its stake in JPMorgan US Quality Factor ETF by 3.0% in the third quarter. Tsfg LLC now owns 117,433 shares of the company’s stock valued at $6,643,000 after buying an additional 3,456 shares during the period.

JPMorgan US Quality Factor ETF Stock Down 0.6 %

Shares of JQUA stock opened at $59.80 on Monday. The firm has a 50 day moving average of $58.69 and a 200-day moving average of $56.94. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52 week low of $49.60 and a 52 week high of $60.42.

JPMorgan US 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.