Round Rock Advisors LLC Takes $200,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Round Rock Advisors LLC bought a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,500 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in JQUA. Alpha Financial Partners LLC bought a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth approximately $515,000. Dynamic Advisor Solutions LLC grew its holdings in JPMorgan US Quality Factor ETF by 13.6% during the third quarter. Dynamic Advisor Solutions LLC now owns 148,763 shares of the company’s stock worth $8,416,000 after buying an additional 17,764 shares in the last quarter. Future Financial Wealth Managment LLC raised its position in JPMorgan US Quality Factor ETF by 1.4% in the 3rd quarter. Future Financial Wealth Managment LLC now owns 32,873 shares of the company’s stock valued at $1,860,000 after buying an additional 445 shares during the last quarter. Patten Group Inc. lifted its stake in JPMorgan US Quality Factor ETF by 4.2% during the 3rd quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock valued at $510,000 after acquiring an additional 366 shares in the last quarter. Finally, Beaumont Financial Advisors LLC boosted its holdings in JPMorgan US Quality Factor ETF by 0.6% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 506,129 shares of the company’s stock worth $28,632,000 after acquiring an additional 3,191 shares during the last quarter.

JPMorgan US Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $59.57 on Monday. The company has a fifty day moving average price of $58.67 and a 200-day moving average price of $56.72. JPMorgan US Quality Factor ETF has a 1 year low of $49.08 and a 1 year high of $60.33. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.