JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 23.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,475 shares of the company’s stock after purchasing an additional 6,459 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in JPMorgan US Quality Factor ETF were worth $1,974,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Nations Financial Group Inc. IA ADV lifted its holdings in JPMorgan US Quality Factor ETF by 1.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock valued at $1,081,000 after acquiring an additional 201 shares during the last quarter. FPC Investment Advisory Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at $29,000. Fortitude Family Office LLC lifted its stake 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 purchasing an additional 550 shares during the last quarter. WealthShield Partners LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 3.2% during the 4th quarter. WealthShield Partners LLC now owns 23,502 shares of the company’s stock worth $1,346,000 after purchasing an additional 737 shares during the period. Finally, CAP Partners LLC increased its position in shares of JPMorgan US Quality Factor ETF by 2.3% during the 4th quarter. CAP Partners LLC now owns 35,038 shares of the company’s stock worth $2,007,000 after purchasing an additional 783 shares during the last quarter.

JPMorgan US Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $56.97 on Thursday. The stock has a market capitalization of $5.53 billion, a P/E ratio of 24.30 and a beta of 0.95. The firm’s 50-day moving average is $58.56 and its two-hundred day moving average is $58.02. JPMorgan US Quality Factor ETF has a 12 month low of $49.61 and a 12 month high of $60.79.

JPMorgan US Quality Factor ETF Cuts Dividend

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

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.