Goldstone Financial Group LLC Has $24.80 Million Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Goldstone Financial Group LLC boosted its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 432,945 shares of the company’s stock after acquiring an additional 21,944 shares during the period. JPMorgan US Quality Factor ETF accounts for about 3.9% of Goldstone Financial Group LLC’s investment portfolio, making the stock its 4th largest holding. Goldstone Financial Group LLC owned about 0.53% of JPMorgan US Quality Factor ETF worth $24,795,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Benjamin F. Edwards & Company Inc. boosted its holdings in JPMorgan US Quality Factor ETF by 21.7% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 82,351 shares of the company’s stock worth $4,361,000 after acquiring an additional 14,702 shares in the last quarter. Hollencrest Capital Management bought a new position in JPMorgan US Quality Factor ETF in the 2nd quarter worth about $185,000. Thrivent Financial for Lutherans grew its position in JPMorgan US Quality Factor ETF by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 267,546 shares of the company’s stock valued at $14,167,000 after purchasing an additional 7,331 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter valued at about $34,000. Finally, EverSource Wealth Advisors LLC purchased a new position in JPMorgan US Quality Factor ETF in the second quarter worth about $44,000.

JPMorgan US Quality Factor ETF Stock Up 0.5 %

Shares of JQUA opened at $58.17 on Friday. JPMorgan US Quality Factor ETF has a twelve month low of $47.72 and a twelve month high of $60.33. The company has a market capitalization of $4.71 billion, a P/E ratio of 25.27 and a beta of 0.94. The firm has a 50 day moving average of $58.47 and a 200 day moving average of $56.24.

About JPMorgan US 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.