Three Bridge Wealth Advisors LLC Makes New $475,000 Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Three Bridge Wealth Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,291 shares of the company’s stock, valued at approximately $475,000.

Other hedge funds also recently modified their holdings of the company. FMR LLC raised its holdings in JPMorgan US Quality Factor ETF by 22.9% in the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock valued at $940,000 after acquiring an additional 3,092 shares in the last quarter. Onyx Bridge Wealth Group LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 1.1% in the third quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock valued at $6,187,000 after purchasing an additional 1,210 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the third quarter valued at $2,278,000. Blue Trust Inc. lifted its position in JPMorgan US Quality Factor ETF by 7.5% in the third quarter. Blue Trust Inc. now owns 44,765 shares of the company’s stock worth $2,370,000 after purchasing an additional 3,141 shares during the period. Finally, Sanchez Wealth Management Group boosted its stake in JPMorgan US Quality Factor ETF by 3.6% during the fourth quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock worth $16,084,000 after buying an additional 9,767 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $59.97 on Thursday. The firm has a fifty day moving average of $58.70 and a 200-day moving average of $57.06. The stock has a market cap of $4.85 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52-week low of $49.60 and a 52-week high of $60.42.

About JPMorgan US Quality Factor ETF

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.