Concord Wealth Partners Buys 4,932 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Concord Wealth Partners raised its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 177,413 shares of the company’s stock after acquiring an additional 4,932 shares during the period. JPMorgan US Quality Factor ETF comprises about 1.7% of Concord Wealth Partners’ investment portfolio, making the stock its 15th largest position. Concord Wealth Partners’ holdings in JPMorgan US Quality Factor ETF were worth $10,036,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Koesten Hirschmann & Crabtree INC. increased its position in shares of JPMorgan US Quality Factor ETF by 145.5% during the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after purchasing an additional 320 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the second quarter valued at approximately $34,000. International Assets Investment Management LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the 2nd quarter worth approximately $36,000. EverSource Wealth Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $44,000. Finally, Atlanta Consulting Group Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 1st quarter valued at $86,000.

JPMorgan US Quality Factor ETF Stock Up 0.3 %

JQUA traded up $0.18 during trading on Monday, hitting $56.70. The company’s stock had a trading volume of 244,596 shares, compared to its average volume of 526,255. The firm’s 50 day moving average price is $55.97 and its two-hundred day moving average price is $53.61. The stock has a market capitalization of $4.59 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12 month low of $41.62 and a 12 month high of $57.90.

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.