JPMorgan U.S. Quality Factor ETF $JQUA Shares Newly Purchased by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 48,640 shares of the company’s stock, valued at approximately $3,590,000. JPMorgan U.S. Quality Factor ETF comprises approximately 0.6% of Intelligence Driven Advisers LLC’s holdings, making the stock its 23rd largest holding.

Several other institutional investors have also modified their holdings of the company. Cadent Capital Advisors LLC bought a new position in JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $10,781,000. Breakwater Capital Group acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $33,394,000. Integrated Capital Management Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $5,563,000. Hamilton Capital LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $985,000. Finally, Farther Finance Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF during the third quarter worth approximately $11,945,000.

JPMorgan U.S. Quality Factor ETF Stock Up 0.6%

JPMorgan U.S. Quality Factor ETF stock traded up $0.48 during mid-day trading on Friday, hitting $75.84. The company’s stock had a trading volume of 147,138 shares, compared to its average volume of 705,862. The stock has a market capitalization of $9.23 billion, a P/E ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $75.85. The stock’s fifty day moving average price is $74.33 and its two-hundred day moving average price is $70.51.

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.