JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Purchased by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. lifted its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 103,075 shares of the company’s stock after purchasing an additional 3,189 shares during the quarter. JPMorgan US Quality Factor ETF makes up 2.7% of Collaborative Wealth Managment Inc.’s investment portfolio, making the stock its 12th biggest holding. Collaborative Wealth Managment Inc. owned about 0.13% of JPMorgan US Quality Factor ETF worth $5,903,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in JQUA. Savant Capital LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 21.6% in the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after purchasing an additional 1,104,556 shares during the period. Raymond James Financial Inc. acquired a new stake in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $60,102,000. Wealth Enhancement Advisory Services LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $36,676,000. Sage Mountain Advisors LLC lifted its position in JPMorgan US Quality Factor ETF by 34.2% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock worth $137,686,000 after acquiring an additional 612,953 shares during the period. Finally, LPL Financial LLC lifted its position in JPMorgan US Quality Factor ETF by 16.9% during the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after acquiring an additional 510,409 shares during the period.

JPMorgan US Quality Factor ETF Trading Up 1.9 %

JPMorgan US Quality Factor ETF stock opened at $56.45 on Friday. JPMorgan US Quality Factor ETF has a twelve month low of $49.60 and a twelve month high of $60.79. The stock has a 50 day moving average of $58.80 and a two-hundred day moving average of $57.84. The stock has a market capitalization of $5.50 billion, a price-to-earnings ratio of 24.52 and a beta of 0.95.

JPMorgan US 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.