Brookstone Capital Management Buys Shares of 4,462 JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Brookstone Capital Management bought a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,462 shares of the company’s stock, valued at approximately $214,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC purchased a new position in shares of JPMorgan US Quality Factor ETF during the 3rd quarter worth approximately $41,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $61,000. FMR LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 162.2% during the 3rd quarter. FMR LLC now owns 2,174 shares of the company’s stock worth $94,000 after purchasing an additional 1,345 shares in the last quarter. O Shaughnessy Asset Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $104,000. Finally, Farther Finance Advisors LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 424.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,593 shares of the company’s stock worth $115,000 after purchasing an additional 2,099 shares in the last quarter.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA opened at $52.75 on Thursday. The firm has a 50 day simple moving average of $51.06 and a 200-day simple moving average of $47.25. JPMorgan US Quality Factor ETF has a 1-year low of $39.80 and a 1-year high of $53.03. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 16.88 and a beta of 0.92.

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.