Marks Group Wealth Management Inc Takes $688,000 Position in JPMorgan U.S. Quality Factor ETF $JQUA

Marks Group Wealth Management Inc purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 10,883 shares of the company’s stock, valued at approximately $688,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Operose Advisors LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 65.5% in the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after purchasing an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at $39,000. Wealth Watch Advisors INC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $57,000. Smartleaf Asset Management LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after purchasing an additional 998 shares during the last quarter. Finally, Longview Financial Advisors LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $66,000.

JPMorgan U.S. Quality Factor ETF Trading Down 0.1%

JQUA stock opened at $70.11 on Wednesday. JPMorgan U.S. Quality Factor ETF has a 1 year low of $58.31 and a 1 year high of $72.18. The company has a fifty day simple moving average of $66.83 and a 200 day simple moving average of $64.64. The firm has a market cap of $7.88 billion, a PE ratio of 23.86 and a beta of 0.91.

JPMorgan U.S. Quality Factor ETF Company 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.