Western Wealth Management LLC Has $3.90 Million Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Western Wealth Management LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,975 shares of the company’s stock after purchasing an additional 1,836 shares during the quarter. Western Wealth Management LLC owned 0.06% of JPMorgan U.S. Quality Factor ETF worth $3,902,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp acquired a new stake in JPMorgan U.S. Quality Factor ETF in the second quarter valued at $25,000. Harbour Investments Inc. lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 26.5% in the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after purchasing an additional 190 shares during the period. Hughes Financial Services LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 204.1% during the 2nd quarter. Hughes Financial Services LLC now owns 967 shares of the company’s stock valued at $59,000 after purchasing an additional 649 shares in the last quarter. GPS Wealth Strategies Group LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 19.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock worth $75,000 after purchasing an additional 201 shares in the last quarter. Finally, AE Wealth Management LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 11.8% in the second quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock valued at $107,000 after buying an additional 187 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Down 0.2%

NYSEARCA:JQUA opened at $62.01 on Friday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $63.74. The company has a fifty day moving average of $62.62 and a 200-day moving average of $60.82. The firm has a market capitalization of $7.37 billion, a P/E ratio of 23.86 and a beta of 0.93.

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.