Northwestern Mutual Wealth Management Co. Increases Stake in JPMorgan U.S. Quality Factor ETF $JQUA

Northwestern Mutual Wealth Management Co. grew its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 22.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,635,935 shares of the company’s stock after buying an additional 305,026 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.60% of JPMorgan U.S. Quality Factor ETF worth $92,381,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Continuum Advisory LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 775.0% in the 1st quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock valued at $26,000 after purchasing an additional 403 shares in the last quarter. DHJJ Financial Advisors Ltd. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 68.5% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock worth $33,000 after purchasing an additional 235 shares during the last quarter. Wagner Wealth Management LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 516.3% during the 1st quarter. Wagner Wealth Management LLC now owns 604 shares of the company’s stock worth $34,000 after purchasing an additional 506 shares during the last quarter. Guardian Wealth Advisors LLC NC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at approximately $43,000. Finally, CX Institutional purchased a new stake in JPMorgan U.S. Quality Factor ETF in the first quarter valued at approximately $43,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

JPMorgan U.S. Quality Factor ETF stock opened at $61.93 on Friday. The company has a market cap of $7.05 billion, a price-to-earnings ratio of 23.86 and a beta of 0.92. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $62.09. The firm has a 50 day moving average price of $60.40 and a 200 day moving average price of $58.37.

About JPMorgan U.S. 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.