JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Acquired by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC lifted its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 28.4% in the third quarter, Holdings Channel reports. The firm owned 8,326 shares of the company’s stock after buying an additional 1,840 shares during the period. Sax Wealth Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $471,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Onyx Bridge Wealth Group LLC grew its position in JPMorgan US Quality Factor ETF by 1.1% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock worth $6,187,000 after purchasing an additional 1,210 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 10.4% during the third quarter. Global Retirement Partners LLC now owns 44,631 shares of the company’s stock valued at $2,525,000 after buying an additional 4,202 shares during the last quarter. Nottingham Advisors Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at $675,000. Cornerstone Wealth Management LLC raised its stake in JPMorgan US Quality Factor ETF by 6.0% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 104,539 shares of the company’s stock worth $5,914,000 after acquiring an additional 5,930 shares during the last quarter. Finally, Tsfg LLC lifted its position in JPMorgan US Quality Factor ETF by 3.0% during the 3rd quarter. Tsfg LLC now owns 117,433 shares of the company’s stock worth $6,643,000 after acquiring an additional 3,456 shares during the period.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $57.60 on Friday. JPMorgan US Quality Factor ETF has a fifty-two week low of $41.37 and a fifty-two week high of $57.90. The firm has a market capitalization of $4.66 billion, a PE ratio of 25.27 and a beta of 0.94. The stock’s 50-day simple moving average is $55.65 and its 200-day simple moving average is $53.42.

JPMorgan US 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.