JPMorgan U.S. Quality Factor ETF $JQUA is Waterway Wealth Management LLC’s 7th Largest Position

Waterway Wealth Management LLC increased its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 53.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 317,431 shares of the company’s stock after acquiring an additional 110,159 shares during the period. JPMorgan U.S. Quality Factor ETF makes up about 3.6% of Waterway Wealth Management LLC’s holdings, making the stock its 7th biggest position. Waterway Wealth Management LLC owned 0.28% of JPMorgan U.S. Quality Factor ETF worth $19,465,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Operose Advisors LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after purchasing an additional 235 shares during the period. Lloyd Advisory Services LLC. bought a new stake in JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at $39,000. Wealth Watch Advisors INC purchased a new position in JPMorgan U.S. Quality Factor ETF during the third quarter worth about $57,000. Smartleaf Asset Management LLC grew its position in JPMorgan U.S. Quality Factor ETF by 1,782.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after buying an additional 998 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the fourth quarter worth about $71,000.

JPMorgan U.S. Quality Factor ETF Stock Up 1.0%

NYSEARCA:JQUA opened at $71.00 on Friday. The stock has a market cap of $7.98 billion, a P/E ratio of 23.86 and a beta of 0.91. The business’s 50-day moving average price is $68.87 and its two-hundred day moving average price is $65.35. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.18 and a twelve month high of $72.31.

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.