Golden State Wealth Management LLC Boosts Holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

Golden State Wealth Management LLC grew its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,698 shares of the company’s stock after buying an additional 6,336 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for approximately 0.8% of Golden State Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Golden State Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $5,235,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Continuum Advisory LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 775.0% during the 1st quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock worth $26,000 after purchasing an additional 403 shares during the period. DHJJ Financial Advisors Ltd. boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 68.5% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock worth $33,000 after purchasing an additional 235 shares during the period. Wagner Wealth Management LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 516.3% during the 1st quarter. Wagner Wealth Management LLC now owns 604 shares of the company’s stock worth $34,000 after purchasing an additional 506 shares during the period. Guardian Wealth Advisors LLC NC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter worth approximately $43,000. Finally, CX Institutional purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the 1st quarter worth approximately $43,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA:JQUA opened at $60.84 on Friday. The stock has a market capitalization of $6.37 billion, a P/E ratio of 24.59 and a beta of 0.92. The company has a 50 day moving average price of $58.55 and a 200 day moving average price of $57.76. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two week high of $60.86.

JPMorgan U.S. 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.