VectorGlobal IAG Inc. Invests $1.79 Million in JPMorgan U.S. Quality Factor ETF $JQUA

VectorGlobal IAG Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 29,198 shares of the company’s stock, valued at approximately $1,790,000.

Several other large investors also recently bought and sold shares of the business. Empowered Funds LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 6.1% in the 1st quarter. Empowered Funds LLC now owns 16,254 shares of the company’s stock valued at $997,000 after acquiring an additional 934 shares during the last quarter. Cornerstone Wealth LLC TN purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the first quarter valued at approximately $7,783,000. IFS Group LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the first quarter valued at approximately $340,000. Quantinno Capital Management LP increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 80.6% in the first quarter. Quantinno Capital Management LP now owns 19,133 shares of the company’s stock valued at $1,173,000 after purchasing an additional 8,537 shares during the last quarter. Finally, Gateway Wealth Partners LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the first quarter worth approximately $240,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $72.22 on Monday. The business’s 50 day moving average price is $71.40 and its 200 day moving average price is $66.84. The company has a market cap of $8.22 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a one year low of $59.46 and a one year high of $72.68.

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.