Breakwater Capital Group Buys 4,605 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Breakwater Capital Group increased its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 296,798 shares of the company’s stock after buying an additional 4,605 shares during the quarter. JPMorgan US Quality Factor ETF makes up 3.4% of Breakwater Capital Group’s holdings, making the stock its 3rd biggest position. Breakwater Capital Group’s holdings in JPMorgan US Quality Factor ETF were worth $16,998,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at $36,676,000. LPL Financial LLC grew its stake in JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after buying an additional 510,409 shares during the last quarter. Spectrum Wealth Advisory Group LLC bought a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at about $27,648,000. Tull Financial Group Inc. acquired a new stake in JPMorgan US Quality Factor ETF during the third quarter worth approximately $24,025,000. Finally, Goldstone Financial Group LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter worth approximately $23,250,000.

JPMorgan US Quality Factor ETF Trading Up 0.2 %

Shares of NYSEARCA JQUA opened at $56.78 on Tuesday. The firm has a market cap of $4.60 billion, a P/E ratio of 25.27 and a beta of 0.94. The business’s 50 day moving average is $58.46 and its 200-day moving average is $56.16. JPMorgan US Quality Factor ETF has a 1-year low of $47.72 and a 1-year high of $60.33.

JPMorgan US Quality Factor ETF 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.