10,931 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Bought by Herold Advisors Inc.

Herold Advisors Inc. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, Holdings Channel reports. The fund purchased 10,931 shares of the company’s stock, valued at approximately $807,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JQUA. Onyx Bridge Wealth Group LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at approximately $9,228,000. Robertson Stephens Wealth Management LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $240,000. KWB Wealth bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $6,119,000. Perryman Financial Advisory Inc. AD bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $3,858,000. Finally, Milestone Asset Management LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $1,269,000.

JPMorgan U.S. Quality Factor ETF Stock Up 0.5%

Shares of NYSEARCA:JQUA traded up $0.41 during trading on Monday, hitting $75.30. 504,946 shares of the company were exchanged, compared to its average volume of 712,808. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.70 and a 1-year high of $76.06. The company has a market capitalization of $9.23 billion, a P/E ratio of 23.86 and a beta of 0.90. The business’s 50 day moving average is $74.55 and its 200-day moving average is $71.12.

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.