Hughes Financial Services LLC Has $55.37 Million Stock Position in JPMorgan U.S. Quality Factor ETF $JQUA

Hughes Financial Services LLC increased its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 15,645.5% during the 4th quarter, Holdings Channel reports. The fund owned 876,395 shares of the company’s stock after buying an additional 870,829 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for about 8.7% of Hughes Financial Services LLC’s investment portfolio, making the stock its 4th biggest holding. Hughes Financial Services LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $55,371,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Operose Advisors LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after purchasing an additional 235 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth $39,000. Wealth Watch Advisors INC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $57,000. Longview Financial Advisors LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $66,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after buying an additional 998 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Down 1.3%

JQUA opened at $69.17 on Thursday. The stock has a market cap of $7.77 billion, a P/E ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 12 month low of $58.31 and a 12 month high of $72.18. The company has a fifty day simple moving average of $67.01 and a 200 day simple moving average of $64.71.

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.