N.E.W. Advisory Services LLC Boosts Position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

N.E.W. Advisory Services LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 109.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 192,932 shares of the company’s stock after buying an additional 100,851 shares during the period. N.E.W. Advisory Services LLC owned about 0.19% of JPMorgan U.S. Quality Factor ETF worth $10,895,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. LPL Financial LLC grew its position in JPMorgan U.S. Quality Factor ETF by 17.8% in the first quarter. LPL Financial LLC now owns 4,388,159 shares of the company’s stock valued at $247,799,000 after acquiring an additional 661,733 shares in the last quarter. LVZ Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF during the 1st quarter valued at $36,901,000. Facet Wealth Inc. grew its holdings in JPMorgan U.S. Quality Factor ETF by 227.7% during the 1st quarter. Facet Wealth Inc. now owns 938,130 shares of the company’s stock valued at $53,417,000 after purchasing an additional 651,818 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF during the 4th quarter valued at $36,237,000. Finally, Keystone Financial Group purchased a new stake in JPMorgan U.S. Quality Factor ETF during the 4th quarter worth $17,135,000.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA stock opened at $61.24 on Tuesday. The company’s fifty day moving average price is $59.64 and its two-hundred day moving average price is $58.09. The firm has a market capitalization of $6.91 billion, a P/E ratio of 23.86 and a beta of 0.92. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $61.40.

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.