Novem Group Purchases New Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Novem Group purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 36,982 shares of the company’s stock, valued at approximately $2,729,000.

A number of other institutional investors also recently bought and sold shares of the business. Fortitude Family Office LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $29,000. CoreCap Advisors LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth $77,000. GoalVest Advisory LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth $152,000. Lavaca Capital LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 24.2% during the first quarter. Lavaca Capital LLC now owns 2,409 shares of the company’s stock worth $148,000 after purchasing an additional 470 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $240,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA JQUA traded up $0.31 on Monday, reaching $75.20. 1,173,585 shares of the company’s stock traded hands, compared to its average volume of 716,436. The firm has a market cap of $9.22 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The stock has a 50 day moving average price of $74.55 and a 200-day moving average price of $71.12. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.70 and a fifty-two week high of $76.06.

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.