Maridea Wealth Management LLC Purchases 18,985 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Maridea Wealth Management LLC raised its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 23.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,634 shares of the company’s stock after purchasing an additional 18,985 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for approximately 0.9% of Maridea Wealth Management LLC’s holdings, making the stock its 23rd biggest holding. Maridea Wealth Management LLC owned approximately 0.09% of JPMorgan U.S. Quality Factor ETF worth $6,232,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JQUA. Operose Advisors LLC grew 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 valued at $38,000 after buying an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter worth approximately $39,000. Wealth Watch Advisors INC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth approximately $57,000. Smartleaf Asset Management LLC lifted its stake in shares of 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 last quarter. Finally, International Assets Investment Management LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the 4th quarter valued at $71,000.

JPMorgan U.S. Quality Factor ETF Stock Down 0.4%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $70.70 on Friday. The stock’s fifty day moving average is $68.99 and its two-hundred day moving average is $65.39. The company has a market capitalization of $7.95 billion, a PE ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 52 week low of $59.23 and a 52 week 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.