Benjamin Edwards Inc. Makes New $7.38 Million Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Benjamin Edwards Inc. acquired a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 130,434 shares of the company’s stock, valued at approximately $7,380,000. Benjamin Edwards Inc. owned approximately 0.16% of JPMorgan US Quality Factor ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Lavaca Capital LLC acquired a new position in JPMorgan US Quality Factor ETF in the 3rd quarter worth $240,000. National Wealth Management Group LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at about $286,000. Townsquare Capital LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 6.1% in the 3rd quarter. Townsquare Capital LLC now owns 1,415,009 shares of the company’s stock valued at $80,047,000 after purchasing an additional 81,577 shares in the last quarter. FMR LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 22.9% in the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock valued at $940,000 after purchasing an additional 3,092 shares in the last quarter. Finally, D.A. Davidson & CO. raised its stake in shares of JPMorgan US Quality Factor ETF by 4.2% in the 3rd quarter. D.A. Davidson & CO. now owns 19,870 shares of the company’s stock valued at $1,124,000 after purchasing an additional 805 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $59.80 on Tuesday. The firm has a market cap of $4.84 billion, a PE ratio of 25.27 and a beta of 0.94. The firm’s 50-day simple moving average is $57.42 and its 200-day simple moving average is $54.88. JPMorgan US Quality Factor ETF has a 1 year low of $45.72 and a 1 year high of $59.84.

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.