World Investment Advisors Acquires 3,559 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

World Investment Advisors increased its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 19.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,678 shares of the company’s stock after buying an additional 3,559 shares during the period. World Investment Advisors’ holdings in JPMorgan US Quality Factor ETF were worth $1,241,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $29,000. CENTRAL TRUST Co bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth $47,000. Abound Wealth Management acquired a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth about $55,000. Fortitude Family Office LLC grew its position in shares of JPMorgan US Quality Factor ETF by 45.8% in the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after buying an additional 550 shares during the last quarter. Finally, New Republic Capital LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at about $107,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA opened at $51.58 on Friday. The business has a 50-day moving average of $58.30 and a 200-day moving average of $57.98. JPMorgan US Quality Factor ETF has a 1 year low of $49.61 and a 1 year high of $60.79. 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 Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a $0.1591 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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.