Founders Financial Securities LLC Has $1.32 Million Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Founders Financial Securities LLC increased its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 34.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 24,876 shares of the company’s stock after acquiring an additional 6,434 shares during the quarter. Founders Financial Securities LLC’s holdings in JPMorgan US Quality Factor ETF were worth $1,315,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JQUA. CWM LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 66,500.0% in the fourth quarter. CWM LLC now owns 666 shares of the company’s stock worth $32,000 after acquiring an additional 665 shares during the period. SouthState Corp acquired a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $41,000. Fifth Third Bancorp acquired a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $55,000. Pinnacle Bancorp Inc. acquired a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $59,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $61,000.

JPMorgan US Quality Factor ETF Stock Down 0.2 %

JQUA traded down $0.08 during trading on Friday, hitting $52.95. The company’s stock had a trading volume of 350,436 shares, compared to its average volume of 591,280. JPMorgan US Quality Factor ETF has a twelve month low of $41.37 and a twelve month high of $53.56. The stock’s fifty day moving average price is $51.91 and its 200-day moving average price is $50.82. The firm has a market capitalization of $4.29 billion, a P/E 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.