Weil Company Inc. Boosts Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Weil Company Inc. grew its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 291.8% during the second quarter, Holdings Channel reports. The firm owned 38,530 shares of the company’s stock after purchasing an additional 28,697 shares during the period. Weil Company Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $2,040,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Annex Advisory Services LLC grew its position in shares of JPMorgan US Quality Factor ETF by 148.8% in the 1st quarter. Annex Advisory Services LLC now owns 4,205,639 shares of the company’s stock valued at $222,352,000 after buying an additional 2,515,457 shares during the last quarter. Scarborough Advisors LLC increased its position in shares of JPMorgan US Quality Factor ETF by 1,116.4% during the fourth quarter. Scarborough Advisors LLC now owns 2,226,572 shares of the company’s stock worth $106,564,000 after purchasing an additional 2,043,520 shares in the last quarter. Midland Wealth Advisors LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at about $96,084,000. Saratoga Research & Investment Management boosted its position in shares of JPMorgan US Quality Factor ETF by 14,600.8% in the 4th quarter. Saratoga Research & Investment Management now owns 757,534 shares of the company’s stock valued at $36,256,000 after purchasing an additional 752,381 shares during the period. Finally, Horizon Advisory Services Inc. purchased a new position in JPMorgan US Quality Factor ETF during the 1st quarter worth approximately $25,905,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $53.73 on Friday. JPMorgan US Quality Factor ETF has a 1-year low of $41.37 and a 1-year high of $55.81. The stock has a market cap of $4.35 billion, a P/E ratio of 25.27 and a beta of 0.94. The firm has a fifty day moving average price of $53.81 and a 200 day moving average price of $52.54.

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.