Columbus Macro LLC Purchases New Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Columbus Macro LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 90,042 shares of the company’s stock, valued at approximately $5,407,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Signaturefd LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 2.2% during the 2nd quarter. Signaturefd LLC now owns 5,501,136 shares of the company’s stock worth $330,343,000 after acquiring an additional 120,933 shares during the period. LPL Financial LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 17.8% during the 1st quarter. LPL Financial LLC now owns 4,388,159 shares of the company’s stock worth $247,799,000 after acquiring an additional 661,733 shares during the period. Sage Mountain Advisors LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 3.8% during the 1st quarter. Sage Mountain Advisors LLC now owns 2,496,255 shares of the company’s stock worth $140,964,000 after acquiring an additional 92,100 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in JPMorgan U.S. Quality Factor ETF by 22.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,635,935 shares of the company’s stock worth $92,381,000 after acquiring an additional 305,026 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 4.1% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,351,512 shares of the company’s stock worth $76,320,000 after acquiring an additional 53,349 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA opened at $63.10 on Thursday. The company has a fifty day moving average price of $61.95 and a two-hundred day moving average price of $59.24. JPMorgan U.S. Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $63.43. The firm has a market capitalization of $7.40 billion, a PE ratio of 23.86 and a beta of 0.92.

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.