Ehrlich Financial Group Has $6.01 Million Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Ehrlich Financial Group lifted its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1,052.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 104,933 shares of the company’s stock after acquiring an additional 95,826 shares during the quarter. JPMorgan US Quality Factor ETF makes up approximately 4.3% of Ehrlich Financial Group’s investment portfolio, making the stock its 5th largest position. Ehrlich Financial Group owned approximately 0.13% of JPMorgan US Quality Factor ETF worth $6,010,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $34,000. EverSource Wealth Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF in the second quarter valued at $44,000. Abound Wealth Management bought a new position in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at about $55,000. Fortitude Family Office LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the 3rd quarter worth about $68,000. Finally, EP Wealth Advisors LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 2nd quarter valued at about $109,000.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA:JQUA traded up $0.11 during mid-day trading on Monday, hitting $56.78. The stock had a trading volume of 489,877 shares, compared to its average volume of 501,676. JPMorgan US Quality Factor ETF has a twelve month low of $47.72 and a twelve month high of $60.33. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The company’s 50 day simple moving average is $58.46 and its 200 day simple moving average is $56.16.

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.