5T Wealth LLC Invests $1.11 Million in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

5T Wealth LLC purchased a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,368 shares of the company’s stock, valued at approximately $1,109,000.

Other large investors have also added to or reduced their stakes in the company. FMR LLC grew its holdings in JPMorgan US Quality Factor ETF by 22.9% in the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock valued at $940,000 after buying an additional 3,092 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $2,278,000. Blue Trust Inc. grew its holdings in shares of JPMorgan US Quality Factor ETF by 7.5% during the 3rd quarter. Blue Trust Inc. now owns 44,765 shares of the company’s stock worth $2,370,000 after purchasing an additional 3,141 shares in the last quarter. Sanchez Wealth Management Group grew its holdings in shares of JPMorgan US Quality Factor ETF by 3.6% during the 4th quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock worth $16,084,000 after purchasing an additional 9,767 shares in the last quarter. Finally, Cerity Partners LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the 3rd quarter worth $918,000.

JPMorgan US Quality Factor ETF Stock Performance

JQUA opened at $60.41 on Monday. The firm has a market cap of $4.89 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52-week low of $49.60 and a 52-week high of $60.63. The business’s fifty day moving average is $58.72 and its 200-day moving average is $57.19.

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.