Three Bridge Wealth Advisors LLC Buys New Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Three Bridge Wealth Advisors LLC purchased a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 8,291 shares of the company’s stock, valued at approximately $475,000.

A number of other institutional investors also recently made changes to their positions in JQUA. Savant Capital LLC grew its holdings in JPMorgan US Quality Factor ETF by 21.6% during the fourth quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock worth $356,484,000 after acquiring an additional 1,104,556 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the 4th quarter worth approximately $36,676,000. LPL Financial LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after purchasing an additional 510,409 shares in the last quarter. Mason & Associates Inc lifted its stake in JPMorgan US Quality Factor ETF by 57.4% during the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after purchasing an additional 494,630 shares during the last quarter. Finally, Spectrum Wealth Advisory Group LLC bought a new stake in JPMorgan US Quality Factor ETF during the third quarter worth approximately $27,648,000.

JPMorgan US Quality Factor ETF Stock Performance

JPMorgan US Quality Factor ETF stock opened at $59.97 on Thursday. JPMorgan US Quality Factor ETF has a 1 year low of $49.60 and a 1 year high of $60.42. The firm’s 50 day moving average price is $58.70 and its two-hundred day moving average price is $57.06. The firm has a market cap of $4.85 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

JPMorgan US 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.