JPMorgan U.S. Quality Factor ETF $JQUA Shares Newly Purchased by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 65,946 shares of the company’s stock, valued at approximately $4,867,000. Lodestar Private Asset Management LLC owned approximately 0.05% of JPMorgan U.S. Quality Factor ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Quadcap Wealth Management LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 2.9% in the first quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock valued at $76,351,000 after purchasing an additional 34,752 shares in the last quarter. RVW Wealth LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $74,549,000. Avidian Wealth Enterprises LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $73,013,000. Cetera Investment Advisers grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 41.7% during the first quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock worth $63,311,000 after buying an additional 303,867 shares in the last quarter. Finally, LVZ Inc. grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.6% during the first quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock worth $62,380,000 after buying an additional 15,791 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $76.51 on Wednesday. The business’s 50 day simple moving average is $74.72 and its 200 day simple moving average is $69.18. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.70 and a 52-week high of $76.57. The firm has a market cap of $9.44 billion, a PE ratio of 23.86 and a beta of 0.90.

JPMorgan U.S. Quality Factor ETF Company 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.