Lavaca Capital LLC Invests $240,000 in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Lavaca Capital LLC acquired a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 4,237 shares of the company’s stock, valued at approximately $240,000.

A number of other hedge funds also recently made changes to their positions in the business. Cetera Investment Advisers lifted its holdings in JPMorgan US Quality Factor ETF by 79.5% in the first quarter. Cetera Investment Advisers now owns 165,036 shares of the company’s stock worth $8,726,000 after purchasing an additional 73,103 shares during the period. Cetera Advisors LLC grew its position in JPMorgan US Quality Factor ETF by 510.0% in the first quarter. Cetera Advisors LLC now owns 100,457 shares of the company’s stock worth $5,311,000 after buying an additional 83,988 shares during the last quarter. RVW Wealth LLC raised its position in shares of JPMorgan US Quality Factor ETF by 2.4% during the second quarter. RVW Wealth LLC now owns 762,337 shares of the company’s stock worth $40,366,000 after purchasing an additional 17,697 shares during the period. Albion Financial Group UT acquired a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter worth about $346,000. Finally, Clarus Wealth Advisors raised its holdings in shares of JPMorgan US Quality Factor ETF by 4.4% during the second quarter. Clarus Wealth Advisors now owns 56,755 shares of the company’s stock valued at $3,043,000 after acquiring an additional 2,402 shares during the period.

JPMorgan US Quality Factor ETF Trading Up 0.3 %

Shares of JQUA stock opened at $59.72 on Friday. The stock’s fifty day simple moving average is $57.42 and its 200-day simple moving average is $54.85. The company has a market capitalization of $4.83 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1-year low of $45.45 and a 1-year high of $59.82.

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.