JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Stake Boosted by Ledyard National Bank

Ledyard National Bank grew its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 5.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 137,519 shares of the company’s stock after purchasing an additional 6,532 shares during the period. Ledyard National Bank owned 0.33% of JPMorgan US Quality Factor ETF worth $6,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Silver Oak Securities Incorporated bought a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $1,238,000. Signaturefd LLC increased its holdings in shares of JPMorgan US Quality Factor ETF by 2,302,419.7% in the 3rd quarter. Signaturefd LLC now owns 4,213,611 shares of the company’s stock worth $182,323,000 after acquiring an additional 4,213,428 shares during the period. REDW Wealth LLC lifted its position in JPMorgan US Quality Factor ETF by 1.9% in the 4th quarter. REDW Wealth LLC now owns 586,030 shares of the company’s stock valued at $28,047,000 after purchasing an additional 10,841 shares during the last quarter. HighTower Advisors LLC boosted its stake in JPMorgan US Quality Factor ETF by 304.9% during the 3rd quarter. HighTower Advisors LLC now owns 31,180 shares of the company’s stock valued at $1,346,000 after purchasing an additional 23,479 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in JPMorgan US Quality Factor ETF in the 3rd quarter worth about $1,360,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA traded up $0.06 during mid-day trading on Monday, reaching $50.82. 410,256 shares of the company’s stock traded hands, compared to its average volume of 681,901. JPMorgan US Quality Factor ETF has a 12 month low of $40.72 and a 12 month high of $53.03. The stock has a market capitalization of $4.06 billion, a P/E ratio of 24.42 and a beta of 0.94. The business’s 50-day moving average price is $51.66 and its 200-day moving average price is $48.44.

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.