Wedbush Securities Inc. Buys 977 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Wedbush Securities Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 15.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,339 shares of the company’s stock after purchasing an additional 977 shares during the period. Wedbush Securities Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $441,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Cerity Partners LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.7% during the 1st quarter. Cerity Partners LLC now owns 12,998 shares of the company’s stock worth $734,000 after purchasing an additional 218 shares in the last quarter. Sigma Planning Corp increased its holdings in JPMorgan U.S. Quality Factor ETF by 1.3% during the first quarter. Sigma Planning Corp now owns 70,368 shares of the company’s stock worth $3,974,000 after buying an additional 871 shares during the last quarter. Sage Mountain Advisors LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 3.8% during the first quarter. Sage Mountain Advisors LLC now owns 2,496,255 shares of the company’s stock worth $140,964,000 after buying an additional 92,100 shares during the last quarter. Larson Financial Group LLC raised 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 in the last quarter. Finally, Concord Asset Management LLC VA raised its position in JPMorgan U.S. Quality Factor ETF by 3.2% during the first quarter. Concord Asset Management LLC VA now owns 179,641 shares of the company’s stock worth $9,742,000 after acquiring an additional 5,500 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA opened at $62.81 on Wednesday. The firm has a 50-day moving average of $62.60 and a 200-day moving average of $60.72. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $63.74. The company has a market cap of $7.47 billion, a PE ratio of 23.86 and a beta of 0.93.

JPMorgan U.S. 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.