Avidian Wealth Enterprises LLC Buys 22,338 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Avidian Wealth Enterprises LLC increased its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 657,105 shares of the company’s stock after purchasing an additional 22,338 shares during the quarter. JPMorgan US Quality Factor ETF comprises about 1.7% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 14th biggest position. Avidian Wealth Enterprises LLC owned 0.81% of JPMorgan US Quality Factor ETF worth $37,172,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Koesten Hirschmann & Crabtree INC. lifted its position in JPMorgan US Quality Factor ETF by 145.5% during the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock valued at $29,000 after purchasing an additional 320 shares during the period. Kayne Anderson Rudnick Investment Management LLC acquired a new position in JPMorgan US Quality Factor ETF in the second quarter valued at approximately $34,000. International Assets Investment Management LLC acquired a new position in JPMorgan US Quality Factor ETF in the second quarter valued at approximately $36,000. EverSource Wealth Advisors LLC bought a new position in JPMorgan US Quality Factor ETF in the second quarter valued at approximately $44,000. Finally, Fortitude Family Office LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the 3rd quarter valued at $68,000.

JPMorgan US Quality Factor ETF Stock Up 1.1 %

JQUA stock opened at $56.83 on Wednesday. JPMorgan US Quality Factor ETF has a twelve month low of $43.53 and a twelve month high of $57.90. The company has a market cap of $4.60 billion, a P/E ratio of 25.27 and a beta of 0.94. The business’s fifty day moving average is $56.16 and its 200-day moving average is $53.90.

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.