J.W. Cole Advisors Inc. Boosts Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

J.W. Cole Advisors Inc. grew its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 7.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 100,063 shares of the company’s stock after purchasing an additional 7,006 shares during the period. J.W. Cole Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $5,731,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in JQUA. Alpha Financial Partners LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at approximately $515,000. Global Retirement Partners LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 10.4% in the 3rd quarter. Global Retirement Partners LLC now owns 44,631 shares of the company’s stock valued at $2,525,000 after buying an additional 4,202 shares during the period. Sax Wealth Advisors LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 28.4% in the 3rd quarter. Sax Wealth Advisors LLC now owns 8,326 shares of the company’s stock valued at $471,000 after buying an additional 1,840 shares during the period. Stratos Wealth Partners LTD. grew its stake in shares of JPMorgan US Quality Factor ETF by 2.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 401,329 shares of the company’s stock valued at $22,703,000 after buying an additional 11,426 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of JPMorgan US Quality Factor ETF by 7.5% in the 3rd quarter. Blue Trust Inc. now owns 44,765 shares of the company’s stock valued at $2,370,000 after buying an additional 3,141 shares during the period.

JPMorgan US Quality Factor ETF Price Performance

JPMorgan US Quality Factor ETF stock opened at $60.41 on Friday. The stock has a market cap of $4.89 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The firm has a 50 day simple moving average of $58.72 and a 200-day simple moving average of $57.16. JPMorgan US Quality Factor ETF has a 1-year low of $49.60 and a 1-year high of $60.63.

About JPMorgan US 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.