Financial Futures Ltd Liability Co. Acquires 81,175 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Financial Futures Ltd Liability Co. acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, HoldingsChannel reports. The firm acquired 81,175 shares of the company’s stock, valued at approximately $5,991,000. JPMorgan U.S. Quality Factor ETF accounts for 2.2% of Financial Futures Ltd Liability Co.’s holdings, making the stock its 18th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Elm3 Financial Group LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $893,000. Baird Financial Group Inc. grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 8.8% during the second quarter. Baird Financial Group Inc. now owns 110,135 shares of the company’s stock worth $7,961,000 after buying an additional 8,909 shares during the last quarter. TritonPoint Partners LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth about $697,000. Waterway Wealth Management LLC increased its position in JPMorgan U.S. Quality Factor ETF by 24.2% in the 4th quarter. Waterway Wealth Management LLC now owns 207,272 shares of the company’s stock valued at $13,095,000 after acquiring an additional 40,432 shares during the period. Finally, Blue Trust Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 12.3% in the 1st quarter. Blue Trust Inc. now owns 97,962 shares of the company’s stock valued at $6,007,000 after acquiring an additional 10,709 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

JPMorgan U.S. Quality Factor ETF stock traded down $0.12 during mid-day trading on Tuesday, reaching $75.61. 342,763 shares of the company were exchanged, compared to its average volume of 705,036. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $76.06. The firm’s 50-day simple moving average is $74.46 and its two-hundred day simple moving average is $70.70. The firm has a market cap of $9.24 billion, a PE ratio of 23.86 and a beta of 0.90.

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.