Integrated Capital Management Inc. Purchases 12,333 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Integrated Capital Management Inc. lifted its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 18.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 80,238 shares of the company’s stock after purchasing an additional 12,333 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for 4.0% of Integrated Capital Management Inc.’s portfolio, making the stock its 11th largest position. Integrated Capital Management Inc. owned approximately 0.07% of JPMorgan U.S. Quality Factor ETF worth $5,800,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in JQUA. D.A. Davidson & CO. lifted its position in JPMorgan U.S. Quality Factor ETF by 13.6% in the 4th quarter. D.A. Davidson & CO. now owns 118,850 shares of the company’s stock valued at $7,509,000 after acquiring an additional 14,215 shares in the last quarter. Lawood & Co. bought a new position in JPMorgan U.S. Quality Factor ETF during the 4th quarter worth about $7,875,000. Able Wealth Management LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 19.2% during the 4th quarter. Able Wealth Management LLC now owns 226,731 shares of the company’s stock worth $14,325,000 after purchasing an additional 36,491 shares in the last quarter. Kelly Financial Group LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 4.7% in the 4th quarter. Kelly Financial Group LLC now owns 260,373 shares of the company’s stock valued at $16,450,000 after purchasing an additional 11,773 shares during the period. Finally, Spectrum Wealth Advisory Group LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.4% in the 4th quarter. Spectrum Wealth Advisory Group LLC now owns 529,822 shares of the company’s stock valued at $33,474,000 after purchasing an additional 12,501 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $74.14 on Thursday. The firm has a market cap of $8.43 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The stock’s 50-day moving average is $71.62 and its 200-day moving average is $67.04. JPMorgan U.S. Quality Factor ETF has a one year low of $59.70 and a one year high of $74.84.

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.