Cornerstone Wealth Management LLC Boosts Stock Position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

Cornerstone Wealth Management LLC raised its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,649 shares of the company’s stock after buying an additional 7,201 shares during the period. Cornerstone Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $7,095,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. FPC Investment Advisory Inc. acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter worth about $29,000. DHJJ Financial Advisors Ltd. lifted its stake in JPMorgan U.S. Quality Factor ETF by 68.5% during the first quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock worth $33,000 after purchasing an additional 235 shares during the last quarter. Wagner Wealth Management LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 516.3% during the first quarter. Wagner Wealth Management LLC now owns 604 shares of the company’s stock worth $34,000 after purchasing an additional 506 shares during the last quarter. Guardian Wealth Advisors LLC NC acquired a new position in JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at approximately $43,000. Finally, CX Institutional purchased a new position in JPMorgan U.S. Quality Factor ETF in the first quarter valued at approximately $43,000.

JPMorgan U.S. Quality Factor ETF Trading Down 0.6%

JQUA stock opened at $58.94 on Wednesday. The stock has a market cap of $6.23 billion, a P/E ratio of 24.59 and a beta of 0.94. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $60.79. The company’s 50 day moving average is $57.17 and its two-hundred day moving average is $57.76.

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.