Walled Lake Planning & Wealth Management LLC Buys New Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Walled Lake Planning & Wealth Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,778 shares of the company’s stock, valued at approximately $560,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of JQUA. Nations Financial Group Inc. IA ADV grew its holdings in JPMorgan US Quality Factor ETF by 1.1% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock worth $1,081,000 after buying an additional 201 shares in the last quarter. L & S Advisors Inc lifted its holdings in JPMorgan US Quality Factor ETF by 1.1% in the 4th quarter. L & S Advisors Inc now owns 40,501 shares of the company’s stock worth $2,320,000 after purchasing an additional 424 shares during the last quarter. FPC Investment Advisory Inc. bought a new stake in JPMorgan US Quality Factor ETF during the 4th quarter valued at approximately $29,000. Fortitude Family Office LLC raised its holdings in JPMorgan US Quality Factor ETF by 45.8% in the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after acquiring an additional 550 shares in the last quarter. Finally, WealthShield Partners LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 3.2% during the 4th quarter. WealthShield Partners LLC now owns 23,502 shares of the company’s stock valued at $1,346,000 after acquiring an additional 737 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Down 1.7 %

Shares of JQUA stock opened at $56.10 on Friday. JPMorgan US Quality Factor ETF has a 12-month low of $49.61 and a 12-month high of $60.79. The firm has a 50-day moving average price of $58.69 and a 200 day moving average price of $57.99. The company has a market capitalization of $5.44 billion, a P/E ratio of 24.30 and a beta of 0.95.

JPMorgan US Quality Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a $0.1591 dividend. The ex-dividend date was Tuesday, March 25th.

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.