Sanchez Wealth Management Group acquired a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,002 shares of the company’s stock, valued at approximately $1,550,000. JPMorgan U.S. Quality Factor ETF makes up 4.7% of Sanchez Wealth Management Group’s investment portfolio, making the stock its 8th biggest holding.
Several other institutional investors have also recently added to or reduced their stakes in JQUA. Fortitude Family Office LLC purchased a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $29,000. Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $40,000. Root Financial Partners LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $60,000. DHJJ Financial Advisors Ltd. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $67,000. Finally, CoreCap Advisors LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $77,000.
JPMorgan U.S. Quality Factor ETF Price Performance
NYSEARCA:JQUA opened at $76.38 on Thursday. The firm has a 50 day simple moving average of $74.89 and a 200-day simple moving average of $69.53. The firm has a market cap of $9.67 billion, a PE ratio of 23.53 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.70 and a 1-year high of $76.68.
JPMorgan U.S. 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.
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