Winthrop Advisory Group LLC Takes $549,000 Position in JPMorgan U.S. Quality Factor ETF $JQUA

Winthrop Advisory Group LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 3rd quarter, Holdings Channel reports. The fund acquired 8,724 shares of the company’s stock, valued at approximately $549,000.

A number of other hedge funds have also modified their holdings of JQUA. Atlantic Union Bankshares Corp acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at approximately $25,000. Harbour Investments Inc. grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 26.5% during the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares in the last quarter. Parkworth Wealth Management Inc. bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth approximately $55,000. Asset Dedication LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 840.0% in the second quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after purchasing an additional 840 shares during the last quarter. Finally, DHJJ Financial Advisors Ltd. lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 56.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock worth $57,000 after purchasing an additional 326 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.5%

Shares of JQUA opened at $64.44 on Friday. The stock has a market capitalization of $7.75 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.55. The firm has a fifty day simple moving average of $62.99 and a 200 day simple moving average of $62.12.

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.