Avidian Wealth Solutions LLC Increases Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Avidian Wealth Solutions LLC boosted its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 48.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 574,685 shares of the company’s stock after buying an additional 188,667 shares during the quarter. JPMorgan US Quality Factor ETF makes up approximately 1.7% of Avidian Wealth Solutions LLC’s investment portfolio, making the stock its 13th biggest holding. Avidian Wealth Solutions LLC owned about 1.37% of JPMorgan US Quality Factor ETF worth $27,504,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. SVB Wealth LLC purchased a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter worth approximately $352,000. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of JPMorgan US Quality Factor ETF by 62.1% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 124,622 shares of the company’s stock valued at $5,392,000 after purchasing an additional 47,735 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of JPMorgan US Quality Factor ETF by 3.2% during the 3rd quarter. Raymond James & Associates now owns 172,145 shares of the company’s stock valued at $7,449,000 after purchasing an additional 5,381 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of JPMorgan US Quality Factor ETF by 27.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 197,807 shares of the company’s stock worth $8,559,000 after purchasing an additional 43,130 shares in the last quarter. Finally, Sage Mountain Advisors LLC grew its stake in JPMorgan US Quality Factor ETF by 8.1% during the 3rd quarter. Sage Mountain Advisors LLC now owns 1,401,323 shares of the company’s stock worth $60,635,000 after buying an additional 104,737 shares during the last quarter.

JPMorgan US Quality Factor ETF Trading Up 1.0 %

Shares of JQUA stock traded up $0.50 during trading hours on Friday, reaching $50.74. 453,358 shares of the company’s stock were exchanged, compared to its average volume of 669,166. The stock’s fifty day moving average price is $51.61 and its two-hundred day moving average price is $48.60. The stock has a market cap of $4.05 billion, a PE ratio of 24.42 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1 year low of $40.72 and a 1 year high of $53.03.

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.