LPL Financial LLC Purchases 187,110 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

LPL Financial LLC lifted its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,726,426 shares of the company’s stock after purchasing an additional 187,110 shares during the period. LPL Financial LLC’s holdings in JPMorgan US Quality Factor ETF were worth $213,412,000 as of its most recent filing with the Securities and Exchange Commission.

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

JPMorgan US Quality Factor ETF Price Performance

JPMorgan US Quality Factor ETF stock opened at $56.72 on Monday. The stock’s 50 day moving average is $58.75 and its 200 day moving average is $57.92. The firm has a market cap of $5.52 billion, a P/E ratio of 24.52 and a beta of 0.95. JPMorgan US Quality Factor ETF has a one year low of $49.61 and a one year high of $60.79.

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.