Emprise Bank Takes Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Emprise Bank bought a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 13,839 shares of the company’s stock, valued at approximately $793,000.

A number of other hedge funds have also recently modified their holdings of JQUA. Kayne Anderson Rudnick Investment Management LLC bought a new position in JPMorgan US Quality Factor ETF in the 2nd quarter worth about $34,000. EverSource Wealth Advisors LLC bought a new position in JPMorgan US Quality Factor ETF in the 2nd quarter worth about $44,000. Fortitude Family Office LLC bought a new position in JPMorgan US Quality Factor ETF in the 3rd quarter worth about $68,000. EP Wealth Advisors LLC bought a new position in JPMorgan US Quality Factor ETF in the 2nd quarter worth about $109,000. Finally, Hollencrest Capital Management bought a new position in JPMorgan US Quality Factor ETF in the 2nd quarter worth about $185,000.

JPMorgan US Quality Factor ETF Stock Down 0.4 %

JQUA traded down $0.20 during midday trading on Monday, hitting $56.47. 220,997 shares of the company traded hands, compared to its average volume of 462,405. The firm has a market capitalization of $4.57 billion, a PE ratio of 25.27 and a beta of 0.94. The company’s 50-day moving average is $58.46 and its 200 day moving average is $56.16. JPMorgan US Quality Factor ETF has a 52 week low of $47.72 and a 52 week high of $60.33.

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.