Geneos Wealth Management Inc. Has $17.85 Million Stake in JPMorgan U.S. Quality Factor ETF $JQUA

Geneos Wealth Management Inc. lifted its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 282,483 shares of the company’s stock after purchasing an additional 12,785 shares during the quarter. Geneos Wealth Management Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $17,847,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Edge Financial Advisors LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 7.0% in the fourth quarter. Edge Financial Advisors LLC now owns 143,068 shares of the company’s stock valued at $9,039,000 after purchasing an additional 9,354 shares in the last quarter. PFG Advisors raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 21.6% in the fourth quarter. PFG Advisors now owns 42,858 shares of the company’s stock valued at $2,708,000 after purchasing an additional 7,604 shares in the last quarter. Able Wealth Management LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 19.2% in the fourth quarter. Able Wealth Management LLC now owns 226,731 shares of the company’s stock valued at $14,325,000 after purchasing an additional 36,491 shares in the last quarter. First Horizon Corp acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at $506,000. Finally, West Wealth Group LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 4.8% in the fourth quarter. West Wealth Group LLC now owns 398,430 shares of the company’s stock valued at $25,173,000 after purchasing an additional 18,147 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.3%

Shares of NYSEARCA JQUA opened at $65.77 on Friday. The business has a fifty day simple moving average of $63.25 and a 200 day simple moving average of $63.23. The firm has a market capitalization of $7.39 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a one year low of $54.23 and a one year high of $66.10.

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.