JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Acquired by SVB Wealth LLC

SVB Wealth LLC grew its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2,346.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 199,108 shares of the company’s stock after purchasing an additional 190,969 shares during the quarter. SVB Wealth LLC owned 0.48% of JPMorgan US Quality Factor ETF worth $9,529,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JQUA. Raymond James & Associates boosted its stake in shares of JPMorgan US Quality Factor ETF by 4.5% in the first quarter. Raymond James & Associates now owns 21,466 shares of the company’s stock valued at $920,000 after purchasing an additional 924 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in JPMorgan US Quality Factor ETF by 22.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 29,540 shares of the company’s stock worth $1,267,000 after acquiring an additional 5,365 shares during the last quarter. Prudential Financial Inc. lifted its stake in JPMorgan US Quality Factor ETF by 16.2% in the first quarter. Prudential Financial Inc. now owns 11,096 shares of the company’s stock worth $476,000 after acquiring an additional 1,544 shares during the last quarter. International Assets Investment Management LLC purchased a new position in JPMorgan US Quality Factor ETF in the first quarter worth approximately $2,908,000. Finally, Fort Point Capital Partners LLC lifted its stake in JPMorgan US Quality Factor ETF by 7.1% in the first quarter. Fort Point Capital Partners LLC now owns 18,481 shares of the company’s stock worth $792,000 after acquiring an additional 1,224 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Down 0.1 %

Shares of JPMorgan US Quality Factor ETF stock opened at $50.40 on Wednesday. JPMorgan US Quality Factor ETF has a 52-week low of $40.64 and a 52-week high of $53.03. The company has a 50 day moving average of $51.73 and a 200 day moving average of $48.04. The company has a market capitalization of $4.01 billion, a P/E ratio of 25.51 and a beta of 0.95.

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.