Valued Retirements Inc. Takes $289,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Valued Retirements Inc. purchased a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to its most recent filing with the SEC. The firm purchased 5,103 shares of the company’s stock, valued at approximately $289,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Savant Capital LLC grew its stake in JPMorgan US Quality Factor ETF by 26.2% during the 2nd quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock worth $150,825,000 after buying an additional 590,900 shares during the last quarter. LPL Financial LLC grew its stake in JPMorgan US Quality Factor ETF by 16.9% during the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after buying an additional 510,409 shares during the last quarter. Spectrum Wealth Advisory Group LLC purchased a new position in JPMorgan US Quality Factor ETF during the 3rd quarter worth $27,648,000. Tull Financial Group Inc. purchased a new position in JPMorgan US Quality Factor ETF during the 3rd quarter worth $24,025,000. Finally, Goldstone Financial Group LLC purchased a new position in JPMorgan US Quality Factor ETF during the 3rd quarter worth $23,250,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA stock opened at $59.70 on Tuesday. JPMorgan US Quality Factor ETF has a 1-year low of $46.25 and a 1-year high of $60.33. The stock’s fifty day moving average price is $57.85 and its 200 day moving average price is $55.20. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.