Continuum Advisory LLC Buys 403 Shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

Continuum Advisory LLC grew its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 775.0% during the first quarter, Holdings Channel reports. The firm owned 455 shares of the company’s stock after purchasing an additional 403 shares during the period. Continuum Advisory LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $26,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. LPL Financial LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 3,726,426 shares of the company’s stock worth $213,412,000 after purchasing an additional 187,110 shares during the last quarter. ST Germain D J Co. Inc. lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 4.7% during the 1st quarter. ST Germain D J Co. Inc. now owns 2,810,131 shares of the company’s stock worth $158,688,000 after buying an additional 127,276 shares in the last quarter. Sage Mountain Advisors LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 34.2% in the 4th quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock worth $137,686,000 after buying an additional 612,953 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 18.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,298,163 shares of the company’s stock valued at $74,346,000 after acquiring an additional 202,309 shares in the last quarter. Finally, Quadcap Wealth Management LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 13.9% in the fourth quarter. Quadcap Wealth Management LLC now owns 1,291,912 shares of the company’s stock valued at $73,988,000 after acquiring an additional 158,131 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.6%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $59.51 on Friday. The business’s fifty day simple moving average is $57.90 and its 200 day simple moving average is $57.73. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $60.79. The firm has a market capitalization of $6.23 billion, a P/E ratio of 24.59 and a beta of 0.92.

About JPMorgan U.S. 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.