Drive Wealth Management LLC Buys 181 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Drive Wealth Management LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 1.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,785 shares of the company’s stock after acquiring an additional 181 shares during the quarter. Drive Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,128,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JQUA. Continuum Advisory LLC increased its position in JPMorgan U.S. Quality Factor ETF by 775.0% during the first quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock worth $26,000 after acquiring an additional 403 shares during the period. Harbour Investments Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 26.5% during the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares during the period. Larson Financial Group LLC increased its position in JPMorgan U.S. Quality Factor ETF by 1,183.8% during the first quarter. Larson Financial Group LLC now owns 2,375 shares of the company’s stock worth $134,000 after acquiring an additional 2,190 shares during the period. Harbor Asset Planning Inc. bought a new position in JPMorgan U.S. Quality Factor ETF during the second quarter worth $136,000. Finally, Iams Wealth Management LLC bought a new position in JPMorgan U.S. Quality Factor ETF during the second quarter worth $203,000.

JPMorgan U.S. Quality Factor ETF Trading Up 0.7%

Shares of JQUA stock opened at $62.30 on Monday. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $63.43. The firm’s fifty day simple moving average is $62.19 and its 200 day simple moving average is $59.54. The firm has a market capitalization of $7.37 billion, a P/E ratio of 23.86 and a beta of 0.92.

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.