Tritonpoint Wealth LLC Takes $367,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Tritonpoint Wealth LLC purchased a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,409 shares of the company’s stock, valued at approximately $367,000.

A number of other institutional investors have also added to or reduced their stakes in JQUA. N.E.W. Advisory Services LLC boosted its stake in shares of JPMorgan US Quality Factor ETF by 44.9% in the 4th quarter. N.E.W. Advisory Services LLC now owns 92,081 shares of the company’s stock worth $5,273,000 after buying an additional 28,514 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth $172,000. Fifth Third Securities Inc. boosted its position in JPMorgan US Quality Factor ETF by 6.4% in the fourth quarter. Fifth Third Securities Inc. now owns 44,926 shares of the company’s stock worth $2,573,000 after purchasing an additional 2,701 shares during the last quarter. RVW Wealth LLC grew its stake in JPMorgan US Quality Factor ETF by 1.5% in the 4th quarter. RVW Wealth LLC now owns 797,250 shares of the company’s stock valued at $45,659,000 after purchasing an additional 11,588 shares during the period. Finally, Enzi Wealth increased its position in shares of JPMorgan US Quality Factor ETF by 2.1% during the 4th quarter. Enzi Wealth now owns 136,571 shares of the company’s stock valued at $8,092,000 after purchasing an additional 2,768 shares during the last quarter.

JPMorgan US Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $59.57 on Monday. The business’s fifty day moving average is $58.67 and its 200-day moving average is $56.72. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $49.08 and a one year high of $60.33.

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.