Flavin Financial Services Inc. Acquires New Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Flavin Financial Services Inc. purchased a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 7,611 shares of the company’s stock, valued at approximately $436,000.

Several other hedge funds and other institutional investors have also recently modified their holdings 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 about $36,676,000. LPL Financial LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after purchasing an additional 510,409 shares in the last quarter. Mason & Associates Inc grew its holdings in shares of JPMorgan US Quality Factor ETF by 57.4% during the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after purchasing an additional 494,630 shares in the last quarter. Spectrum Wealth Advisory Group LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the third quarter worth about $27,648,000. Finally, Tull Financial Group Inc. purchased a new position in shares of JPMorgan US Quality Factor ETF during the third quarter worth about $24,025,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA JQUA opened at $59.43 on Tuesday. The stock has a market capitalization of $4.81 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $49.60 and a one year high of $60.33. The firm’s 50 day simple moving average is $58.66 and its two-hundred day simple moving average is $56.76.

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.