JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Purchased by Titleist Asset Management LLC

Titleist Asset Management LLC raised its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 193,203 shares of the company’s stock after purchasing an additional 4,686 shares during the period. JPMorgan US Quality Factor ETF comprises 1.3% of Titleist Asset Management LLC’s investment portfolio, making the stock its 18th biggest position. Titleist Asset Management LLC owned approximately 0.24% of JPMorgan US Quality Factor ETF worth $11,065,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in JQUA. Principal Securities Inc. raised its holdings in JPMorgan US Quality Factor ETF by 14,782.1% in the fourth quarter. Principal Securities Inc. now owns 4,167 shares of the company’s stock valued at $239,000 after acquiring an additional 4,139 shares in the last quarter. FMR LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 22.9% during the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after purchasing an additional 3,092 shares during the last quarter. Sanchez Wealth Management Group lifted its position in shares of JPMorgan US Quality Factor ETF by 3.6% during the 4th quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock worth $16,084,000 after purchasing an additional 9,767 shares during the last quarter. Gladstone Institutional Advisory LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $274,000. Finally, PFG Investments LLC purchased a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at $418,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA JQUA opened at $51.58 on Friday. The business has a 50-day moving average of $58.30 and a two-hundred day moving average of $57.98. The company has a market capitalization of $5.01 billion, a price-to-earnings ratio of 24.30 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 1 year low of $49.61 and a 1 year high of $60.79.

JPMorgan US Quality Factor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.1591 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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.