Lockerman Financial Group Inc. Takes Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Lockerman Financial Group Inc. bought a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, HoldingsChannel.com reports. The fund bought 5,812 shares of the company’s stock, valued at approximately $333,000.

A number of other large investors have also bought and sold shares of JQUA. Wealth Enhancement Advisory Services LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $36,676,000. LPL Financial LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after acquiring an additional 510,409 shares during the last quarter. Mason & Associates Inc lifted its holdings in shares of JPMorgan US Quality Factor ETF by 57.4% in the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after purchasing an additional 494,630 shares in 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. Finally, Tull Financial Group Inc. bought a new position in shares of JPMorgan US Quality Factor ETF in the third quarter valued at approximately $24,025,000.

JPMorgan US Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $58.49 on Tuesday. The stock has a market capitalization of $4.73 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $48.03 and a one year high of $60.33. The business’s fifty day moving average is $58.46 and its 200-day moving average is $56.36.

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.