Pettyjohn Wood & White Inc. Buys Shares of 3,495 JPMorgan U.S. Quality Factor ETF $JQUA

Pettyjohn Wood & White Inc. bought a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,495 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors and hedge funds have also modified their holdings of JQUA. Journey Strategic Wealth LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 27.1% in the 2nd quarter. Journey Strategic Wealth LLC now owns 9,301 shares of the company’s stock worth $559,000 after acquiring an additional 1,981 shares in the last quarter. JPMorgan Chase & Co. grew its stake in JPMorgan U.S. Quality Factor ETF by 29.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,325,435 shares of the company’s stock valued at $79,592,000 after acquiring an additional 302,640 shares in the last quarter. Wealth Advisors of Iowa LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 703.5% in the 2nd quarter. Wealth Advisors of Iowa LLC now owns 253,334 shares of the company’s stock valued at $15,213,000 after purchasing an additional 221,807 shares during the period. Traub Capital Management LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the second quarter worth approximately $178,000. Finally, Wealthspire Advisors LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.0% during the second quarter. Wealthspire Advisors LLC now owns 43,845 shares of the company’s stock worth $2,633,000 after purchasing an additional 3,996 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA opened at $61.15 on Friday. The company has a market capitalization of $7.27 billion, a PE ratio of 23.86 and a beta of 0.93. The company’s 50 day moving average price is $62.48 and its 200 day moving average price is $60.97. JPMorgan U.S. Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $63.74.

JPMorgan U.S. 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.