Hughes Financial Services LLC Has $55.37 Million Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Hughes Financial Services LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 15,645.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 876,395 shares of the company’s stock after purchasing an additional 870,829 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for approximately 8.7% of Hughes Financial Services LLC’s holdings, making the stock its 4th biggest holding. Hughes Financial Services LLC owned about 0.74% of JPMorgan U.S. Quality Factor ETF worth $55,371,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Operose Advisors LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after buying an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at approximately $39,000. Wealth Watch Advisors INC bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $57,000. Longview Financial Advisors LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth $66,000. Finally, Smartleaf Asset Management LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 1,782.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after acquiring an additional 998 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $69.17 on Thursday. The firm has a fifty day moving average of $67.01 and a two-hundred day moving average of $64.71. The stock has a market capitalization of $7.77 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 52 week low of $58.31 and a 52 week high of $72.18.

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.