Linscomb Wealth Inc. Purchases 2,054 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Linscomb Wealth Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,262 shares of the company’s stock after purchasing an additional 2,054 shares during the quarter. Linscomb Wealth Inc. owned about 0.06% of JPMorgan U.S. Quality Factor ETF worth $4,039,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Crossmark Global Holdings Inc. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the first quarter worth $207,000. Envestnet Asset Management Inc. lifted its holdings in JPMorgan U.S. Quality Factor ETF by 2.0% during the first quarter. Envestnet Asset Management Inc. now owns 653,937 shares of the company’s stock valued at $36,928,000 after purchasing an additional 12,886 shares in the last quarter. Keystone Global Partners LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 77.7% during the second quarter. Keystone Global Partners LLC now owns 117,713 shares of the company’s stock valued at $7,069,000 after purchasing an additional 51,468 shares in the last quarter. Sovran Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the second quarter valued at $221,000. Finally, Norden Group LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 5.8% during the first quarter. Norden Group LLC now owns 7,532 shares of the company’s stock valued at $425,000 after purchasing an additional 414 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.5%

NYSEARCA:JQUA opened at $62.71 on Friday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $63.74. The company’s 50-day moving average price is $62.51 and its 200-day moving average price is $60.16. The company has a market cap of $7.44 billion, a P/E ratio of 23.86 and a beta of 0.93.

About JPMorgan U.S. Quality Factor ETF

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.