Redwood Financial Network Corp Buys Shares of 4,217 JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Redwood Financial Network Corp purchased a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,217 shares of the company’s stock, valued at approximately $223,000.

Several other institutional investors have also recently made changes to their positions in the company. Sage Advisory Services Ltd.Co. lifted its stake in JPMorgan US Quality Factor ETF by 10.4% in the second quarter. Sage Advisory Services Ltd.Co. now owns 554,691 shares of the company’s stock worth $29,371,000 after acquiring an additional 52,317 shares during the period. Gallacher Capital Management LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 2.3% in the 2nd quarter. Gallacher Capital Management LLC now owns 67,678 shares of the company’s stock worth $3,584,000 after purchasing an additional 1,549 shares during the period. Gentry Private Wealth LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the second quarter valued at approximately $6,187,000. Savant Capital LLC increased its holdings in JPMorgan US Quality Factor ETF by 26.2% during the second quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock valued at $150,825,000 after buying an additional 590,900 shares during the period. Finally, Weil Company Inc. raised its stake in JPMorgan US Quality Factor ETF by 291.8% in the second quarter. Weil Company Inc. now owns 38,530 shares of the company’s stock worth $2,040,000 after buying an additional 28,697 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Up 1.0 %

JPMorgan US Quality Factor ETF stock opened at $54.29 on Tuesday. The firm has a market cap of $4.39 billion, a P/E ratio of 25.27 and a beta of 0.94. The business has a fifty day moving average of $53.84 and a two-hundred day moving average of $52.59. JPMorgan US Quality Factor ETF has a twelve month low of $41.37 and a twelve month high of $55.81.

About JPMorgan US 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.