JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) is Cobblestone Asset Management LLC’s 3rd Largest Position

Cobblestone Asset Management LLC boosted its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 168,869 shares of the company’s stock after purchasing an additional 2,838 shares during the quarter. JPMorgan US Quality Factor ETF makes up 6.1% of Cobblestone Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. Cobblestone Asset Management LLC owned 0.21% of JPMorgan US Quality Factor ETF worth $8,928,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Signaturefd LLC grew its position in shares of JPMorgan US Quality Factor ETF by 25.0% in the fourth quarter. Signaturefd LLC now owns 5,265,666 shares of the company’s stock valued at $252,015,000 after purchasing an additional 1,052,055 shares during the last quarter. Annex Advisory Services LLC grew its holdings in JPMorgan US Quality Factor ETF by 148.8% during the 1st quarter. Annex Advisory Services LLC now owns 4,205,639 shares of the company’s stock valued at $222,352,000 after buying an additional 2,515,457 shares during the last quarter. ST Germain D J Co. Inc. increased its position in JPMorgan US Quality Factor ETF by 4.7% during the first quarter. ST Germain D J Co. Inc. now owns 2,412,066 shares of the company’s stock worth $127,526,000 after buying an additional 108,549 shares in the last quarter. Scarborough Advisors LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 1,116.4% in the fourth quarter. Scarborough Advisors LLC now owns 2,226,572 shares of the company’s stock worth $106,564,000 after acquiring an additional 2,043,520 shares during the last quarter. Finally, Midland Wealth Advisors LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at $96,084,000.

JPMorgan US Quality Factor ETF Stock Performance

JPMorgan US Quality Factor ETF stock traded down $0.21 during midday trading on Monday, reaching $52.74. 247,910 shares of the company were exchanged, compared to its average volume of 588,533. The company has a market capitalization of $4.27 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The firm’s 50-day simple moving average is $51.91 and its 200-day simple moving average is $50.84. JPMorgan US Quality Factor ETF has a 1 year low of $41.37 and a 1 year high of $53.56.

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.