Titleist Asset Management LLC Acquires 4,686 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Titleist Asset Management LLC raised its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 193,203 shares of the company’s stock after acquiring an additional 4,686 shares during the period. JPMorgan US Quality Factor ETF accounts for 1.3% of Titleist Asset Management LLC’s portfolio, making the stock its 18th largest position. Titleist Asset Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $11,065,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new position in JPMorgan US Quality Factor ETF in the 4th quarter valued at approximately $29,000. CENTRAL TRUST Co acquired a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth $47,000. Abound Wealth Management bought a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at $55,000. Fortitude Family Office LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 45.8% in the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after buying an additional 550 shares in the last quarter. Finally, New Republic Capital LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth about $107,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $51.58 on Friday. JPMorgan US Quality Factor ETF has a twelve month low of $49.61 and a twelve month high of $60.79. The firm has a market cap of $5.01 billion, a P/E ratio of 24.30 and a beta of 0.95. The firm’s 50-day simple moving average is $58.30 and its 200-day simple moving average is $57.98.

JPMorgan US Quality Factor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.1591 dividend. The ex-dividend date was Tuesday, March 25th.

JPMorgan US 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.