Vicus Capital Takes $3.72 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Vicus Capital bought a new position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 64,988 shares of the company’s stock, valued at approximately $3,722,000. Vicus Capital owned about 0.08% of JPMorgan US Quality Factor ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of JQUA. Walkner Condon Financial Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF during the fourth quarter valued at $230,000. TFC Financial Management Inc. increased its stake in shares of JPMorgan US Quality Factor ETF by 2.7% in the fourth quarter. TFC Financial Management Inc. now owns 634,416 shares of the company’s stock worth $36,333,000 after purchasing an additional 16,470 shares during the period. Three Bridge Wealth Advisors LLC bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at about $475,000. Avidian Wealth Enterprises LLC increased its stake in JPMorgan US Quality Factor ETF by 5.2% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 691,132 shares of the company’s stock valued at $39,581,000 after acquiring an additional 34,027 shares during the period. Finally, Gladstone Institutional Advisory LLC bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at about $274,000.

JPMorgan US Quality Factor ETF Trading Up 1.1 %

JQUA stock opened at $60.63 on Friday. The firm has a market cap of $4.91 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1-year low of $49.60 and a 1-year high of $60.64. The business’s 50 day moving average is $58.72 and its 200-day moving average is $57.09.

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.