Howe & Rusling Inc. Takes Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Howe & Rusling Inc. bought a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, Holdings Channel reports. The fund bought 3,082 shares of the company’s stock, valued at approximately $177,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at $29,000. CENTRAL TRUST Co bought a new stake in JPMorgan US Quality Factor ETF during the fourth quarter valued at $47,000. Abound Wealth Management purchased a new position in JPMorgan US Quality Factor ETF during the fourth quarter worth about $55,000. Fortitude Family Office LLC increased its stake in JPMorgan US Quality Factor ETF by 45.8% in the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after acquiring an additional 550 shares during the last quarter. Finally, New Republic Capital LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at about $107,000.

JPMorgan US Quality Factor ETF Trading Down 0.2 %

Shares of JQUA opened at $57.05 on Friday. JPMorgan US Quality Factor ETF has a 12-month low of $49.61 and a 12-month high of $60.79. The company has a market cap of $5.54 billion, a PE ratio of 24.30 and a beta of 0.95. The stock has a 50-day moving average price of $58.74 and a 200-day moving average price of $57.95.

JPMorgan US Quality Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.1591 per share. The ex-dividend date was Tuesday, March 25th.

JPMorgan US 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.