GPS Wealth Strategies Group LLC Acquires 349 Shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

GPS Wealth Strategies Group LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 49.9% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,049 shares of the company’s stock after purchasing an additional 349 shares during the period. GPS Wealth Strategies Group LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $59,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of JQUA. Raymond James Financial Inc. bought a new position in JPMorgan U.S. Quality Factor ETF during the fourth quarter worth about $60,102,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth approximately $36,237,000. Sage Mountain Advisors LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 34.2% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock worth $137,686,000 after acquiring an additional 612,953 shares during the period. Strategent Financial LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth approximately $17,942,000. Finally, Keystone Financial Group bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth approximately $17,135,000.

JPMorgan U.S. Quality Factor ETF Stock Down 1.5%

Shares of NYSEARCA:JQUA opened at $58.82 on Friday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $60.79. The stock has a market cap of $6.14 billion, a PE ratio of 24.59 and a beta of 0.95. The business has a 50 day moving average of $56.90 and a 200-day moving average of $57.77.

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.