Commonwealth Equity Services LLC Purchases 41,354 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Commonwealth Equity Services LLC increased its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 9.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 491,670 shares of the company’s stock after buying an additional 41,354 shares during the quarter. Commonwealth Equity Services LLC owned 1.17% of JPMorgan US Quality Factor ETF worth $21,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Keystone Financial Group bought a new stake in JPMorgan US Quality Factor ETF in the second quarter valued at approximately $1,512,000. First Republic Investment Management Inc. lifted its position in JPMorgan US Quality Factor ETF by 162.9% in the first quarter. First Republic Investment Management Inc. now owns 627,512 shares of the company’s stock valued at $25,872,000 after purchasing an additional 388,798 shares during the last quarter. First Citizens Bank & Trust Co. lifted its position in JPMorgan US Quality Factor ETF by 52.0% in the first quarter. First Citizens Bank & Trust Co. now owns 5,590,507 shares of the company’s stock valued at $230,497,000 after purchasing an additional 1,912,607 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 794.4% during the second quarter. Global Retirement Partners LLC now owns 6,538 shares of the company’s stock valued at $290,000 after acquiring an additional 5,807 shares in the last quarter. Finally, WealthShield Partners LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 2,313.1% during the second quarter. WealthShield Partners LLC now owns 8,663 shares of the company’s stock valued at $384,000 after acquiring an additional 8,304 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Up 0.7 %

Shares of JPMorgan US Quality Factor ETF stock opened at $45.48 on Tuesday. The company has a market cap of $1.90 billion, a PE ratio of 16.88 and a beta of 0.92. The business has a 50 day moving average of $43.65 and a 200 day moving average of $43.73. JPMorgan US Quality Factor ETF has a 52 week low of $38.11 and a 52 week high of $45.85.

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.