JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Purchased by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. raised its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 37.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,889 shares of the company’s stock after acquiring an additional 2,670 shares during the period. Salem Investment Counselors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $523,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. HighTower Advisors LLC increased its stake in JPMorgan US Quality Factor ETF by 304.9% during the 3rd quarter. HighTower Advisors LLC now owns 31,180 shares of the company’s stock valued at $1,346,000 after buying an additional 23,479 shares during the period. LPL Financial LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 7.1% in the 3rd quarter. LPL Financial LLC now owns 1,369,082 shares of the company’s stock worth $59,240,000 after purchasing an additional 91,012 shares in the last quarter. Mendel Money Management lifted its stake in JPMorgan US Quality Factor ETF by 2.6% during the third quarter. Mendel Money Management now owns 10,474 shares of the company’s stock valued at $453,000 after purchasing an additional 270 shares during the last quarter. KPP Advisory Services LLC bought a new stake in JPMorgan US Quality Factor ETF during the third quarter worth approximately $1,697,000. Finally, Knightsbridge Asset Management LLC grew its position in JPMorgan US Quality Factor ETF by 1.9% in the third quarter. Knightsbridge Asset Management LLC now owns 140,354 shares of the company’s stock worth $6,073,000 after buying an additional 2,623 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Up 0.1 %

Shares of JPMorgan US Quality Factor ETF stock traded up $0.03 during trading on Friday, hitting $53.35. The stock had a trading volume of 301,930 shares, compared to its average volume of 600,350. JPMorgan US Quality Factor ETF has a 1 year low of $41.37 and a 1 year high of $53.54. The stock has a 50 day simple moving average of $51.62 and a 200 day simple moving average of $50.58. The company has a market capitalization of $4.32 billion, a PE ratio of 25.27 and a beta of 0.94.

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.