Spectrum Wealth Advisory Group LLC Acquires Shares of 488,732 JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Spectrum Wealth Advisory Group LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 488,732 shares of the company’s stock, valued at approximately $27,648,000. JPMorgan US Quality Factor ETF comprises 15.5% of Spectrum Wealth Advisory Group LLC’s portfolio, making the stock its largest holding.

A number of other hedge funds have also bought and sold shares of the company. Kathmere Capital Management LLC increased its position in JPMorgan US Quality Factor ETF by 0.4% during the second quarter. Kathmere Capital Management LLC now owns 59,836 shares of the company’s stock valued at $3,168,000 after acquiring an additional 211 shares during the last quarter. Allworth Financial LP increased its position in JPMorgan US Quality Factor ETF by 5.6% during the third quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock valued at $273,000 after acquiring an additional 258 shares during the last quarter. Aveo Capital Partners LLC increased its position in JPMorgan US Quality Factor ETF by 2.7% during the second quarter. Aveo Capital Partners LLC now owns 10,549 shares of the company’s stock valued at $559,000 after acquiring an additional 273 shares during the last quarter. Koesten Hirschmann & Crabtree INC. increased its position in JPMorgan US Quality Factor ETF by 145.5% during the first quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock valued at $29,000 after acquiring an additional 320 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC increased its position in JPMorgan US Quality Factor ETF by 5.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock valued at $361,000 after acquiring an additional 342 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Down 1.2 %

JQUA stock opened at $57.56 on Monday. JPMorgan US Quality Factor ETF has a twelve month low of $44.89 and a twelve month high of $59.07. The stock has a market capitalization of $4.66 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The firm’s fifty day simple moving average is $56.71 and its two-hundred day simple moving average is $54.35.

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.