SVB Wealth LLC Makes New $2.87 Million Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

SVB Wealth LLC bought a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 50,060 shares of the company’s stock, valued at approximately $2,867,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Nations Financial Group Inc. IA ADV raised its position in JPMorgan US Quality Factor ETF by 1.1% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock valued at $1,081,000 after purchasing an additional 201 shares in the last quarter. Private Trust Co. NA raised its position in JPMorgan US Quality Factor ETF by 4.9% during the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock valued at $413,000 after purchasing an additional 343 shares in the last quarter. FPC Investment Advisory Inc. acquired a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $29,000. Fortitude Family Office LLC raised its position in JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after purchasing an additional 550 shares in the last quarter. Finally, WealthShield Partners LLC raised its position in JPMorgan US Quality Factor ETF by 3.2% during the fourth quarter. WealthShield Partners LLC now owns 23,502 shares of the company’s stock valued at $1,346,000 after purchasing an additional 737 shares in the last quarter.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA opened at $59.37 on Friday. JPMorgan US Quality Factor ETF has a one year low of $49.60 and a one year high of $60.79. The company has a market cap of $5.91 billion, a P/E ratio of 25.89 and a beta of 0.95. The firm has a 50 day simple moving average of $58.91 and a two-hundred day simple moving average of $57.67.

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.