JPMorgan U.S. Quality Factor ETF $JQUA Shares Acquired by Ameriflex Group Inc.

Ameriflex Group Inc. increased its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 14.0% in the second quarter, Holdings Channel reports. The firm owned 25,420 shares of the company’s stock after purchasing an additional 3,118 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for 0.8% of Ameriflex Group Inc.’s holdings, making the stock its 29th biggest holding. Ameriflex Group Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,513,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. River Street Advisors LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 32.5% in the second quarter. River Street Advisors LLC now owns 9,218 shares of the company’s stock worth $554,000 after purchasing an additional 2,260 shares in the last quarter. Investment Planning Advisors Inc. acquired a new position in JPMorgan U.S. Quality Factor ETF in the second quarter worth about $410,000. Bartlett & CO. Wealth Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 4.5% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 403,621 shares of the company’s stock worth $24,237,000 after purchasing an additional 17,409 shares in the last quarter. PFG Investments LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 9.2% in the second quarter. PFG Investments LLC now owns 10,362 shares of the company’s stock worth $622,000 after purchasing an additional 874 shares in the last quarter. Finally, Brueske Advisory Services LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 97.3% in the second quarter. Brueske Advisory Services LLC now owns 33,876 shares of the company’s stock worth $2,034,000 after purchasing an additional 16,706 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA:JQUA opened at $63.06 on Friday. The stock has a 50-day simple moving average of $61.84 and a 200 day simple moving average of $59.11. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $63.43. The company has a market capitalization of $7.37 billion, a price-to-earnings ratio of 23.86 and a beta of 0.92.

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.