M.E. Allison & CO. Inc. Purchases New Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

M.E. Allison & CO. Inc. purchased a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 16,640 shares of the company’s stock, valued at approximately $953,000. JPMorgan US Quality Factor ETF accounts for 1.0% of M.E. Allison & CO. Inc.’s investment portfolio, making the stock its 24th largest position.

A number of other large investors have also recently modified their holdings of JQUA. Benjamin F. Edwards & Company Inc. lifted its holdings in JPMorgan US Quality Factor ETF by 21.7% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 82,351 shares of the company’s stock worth $4,361,000 after buying an additional 14,702 shares during the period. Thrivent Financial for Lutherans lifted its holdings in JPMorgan US Quality Factor ETF by 2.8% during the second quarter. Thrivent Financial for Lutherans now owns 267,546 shares of the company’s stock worth $14,167,000 after buying an additional 7,331 shares during the period. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in JPMorgan US Quality Factor ETF during the second quarter worth $34,000. EverSource Wealth Advisors LLC purchased a new stake in JPMorgan US Quality Factor ETF during the second quarter worth $44,000. Finally, Delos Wealth Advisors LLC lifted its holdings in JPMorgan US Quality Factor ETF by 13.2% during the second quarter. Delos Wealth Advisors LLC now owns 60,562 shares of the company’s stock worth $3,207,000 after buying an additional 7,055 shares during the period.

JPMorgan US Quality Factor ETF Stock Up 0.6 %

JPMorgan US Quality Factor ETF stock opened at $58.49 on Monday. The business has a fifty day moving average of $58.46 and a two-hundred day moving average of $56.33. The firm has a market cap of $4.73 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a twelve month low of $48.03 and a twelve month high of $60.33.

JPMorgan US Quality Factor ETF Company 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.