Avidian Wealth Solutions LLC Has $27.50 Million Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Avidian Wealth Solutions LLC boosted its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 48.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 574,685 shares of the company’s stock after buying an additional 188,667 shares during the period. JPMorgan US Quality Factor ETF makes up about 1.7% of Avidian Wealth Solutions LLC’s investment portfolio, making the stock its 13th biggest position. Avidian Wealth Solutions LLC’s holdings in JPMorgan US Quality Factor ETF were worth $27,504,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in JPMorgan US Quality Factor ETF in the third quarter worth $320,322,000. Signaturefd LLC raised its stake in JPMorgan US Quality Factor ETF by 2,302,419.7% during the 3rd quarter. Signaturefd LLC now owns 4,213,611 shares of the company’s stock worth $182,323,000 after buying an additional 4,213,428 shares during the period. Savant Capital LLC grew its stake in JPMorgan US Quality Factor ETF by 3,420.3% in the fourth quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock valued at $95,941,000 after acquiring an additional 1,947,683 shares during the period. First Citizens Bank & Trust Co. increased its holdings in shares of JPMorgan US Quality Factor ETF by 26.8% in the third quarter. First Citizens Bank & Trust Co. now owns 7,175,361 shares of the company’s stock worth $310,478,000 after acquiring an additional 1,515,698 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. acquired a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $25,825,000.

JPMorgan US Quality Factor ETF Trading Up 1.0 %

Shares of JQUA stock traded up $0.50 during trading hours on Friday, hitting $50.74. 453,358 shares of the company were exchanged, compared to its average volume of 669,166. The company has a market capitalization of $4.05 billion, a PE ratio of 24.42 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52 week low of $40.72 and a 52 week high of $53.03. The business has a 50 day moving average of $51.61 and a two-hundred day moving average of $48.60.

JPMorgan US Quality Factor ETF Company 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.