28,744 Shares in JPMorgan U.S. Quality Factor ETF $JQUA Acquired by Fifth Third Securities Inc.

Fifth Third Securities Inc. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 28,744 shares of the company’s stock, valued at approximately $2,121,000.

Other institutional investors have also added to or reduced their stakes in the company. Sowell Financial Services LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $256,000. Integrated Advisors Network LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $1,972,000. HEMMING& Wealth Management Inc. bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $29,183,000. Novem Group bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $2,729,000. Finally, Lockerman Financial Group Inc. bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter valued at approximately $447,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA stock opened at $76.32 on Thursday. The firm has a fifty day moving average price of $74.62 and a 200 day moving average price of $71.42. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.70 and a fifty-two week high of $76.44. The firm has a market cap of $9.36 billion, a PE ratio of 23.86 and a beta of 0.90.

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.