Mason & Associates Inc Has $77.64 Million Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Mason & Associates Inc lifted its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 57.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,355,653 shares of the company’s stock after acquiring an additional 494,630 shares during the period. JPMorgan US Quality Factor ETF accounts for approximately 18.3% of Mason & Associates Inc’s holdings, making the stock its biggest holding. Mason & Associates Inc’s holdings in JPMorgan US Quality Factor ETF were worth $77,638,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the second quarter worth approximately $34,000. EverSource Wealth Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF in the second quarter valued at approximately $44,000. Abound Wealth Management acquired a new stake in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $55,000. Fortitude Family Office LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter worth $68,000. Finally, EP Wealth Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the second quarter valued at $109,000.

JPMorgan US Quality Factor ETF Stock Performance

JQUA opened at $57.86 on Thursday. JPMorgan US Quality Factor ETF has a fifty-two week low of $47.72 and a fifty-two week high of $60.33. The company has a fifty day moving average of $58.48 and a two-hundred day moving average of $56.23. The stock has a market capitalization of $4.68 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.