Cerity Partners LLC Makes New $918,000 Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Cerity Partners LLC acquired a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 16,233 shares of the company’s stock, valued at approximately $918,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Savant Capital LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 26.2% in the 2nd quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock valued at $150,825,000 after purchasing an additional 590,900 shares during the period. LPL Financial LLC boosted its stake in JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after purchasing an additional 510,409 shares during the period. Spectrum Wealth Advisory Group LLC acquired a new stake in JPMorgan US Quality Factor ETF in the 3rd quarter valued at approximately $27,648,000. Tull Financial Group Inc. acquired a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter valued at approximately $24,025,000. Finally, Goldstone Financial Group LLC bought a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth about $23,250,000.

JPMorgan US Quality Factor ETF Trading Down 0.4 %

JPMorgan US Quality Factor ETF stock opened at $59.91 on Friday. The stock’s 50 day moving average is $57.71 and its 200-day moving average is $55.06. JPMorgan US Quality Factor ETF has a 12 month low of $45.72 and a 12 month high of $60.20. The company has a market capitalization of $4.85 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.