47,802 Shares in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Purchased by Fiduciary Alliance LLC

Fiduciary Alliance LLC acquired a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 47,802 shares of the company’s stock, valued at approximately $2,738,000. Fiduciary Alliance LLC owned about 0.06% of JPMorgan US Quality Factor ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in shares of JPMorgan US Quality Factor ETF by 5.6% in the 3rd quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock valued at $273,000 after buying an additional 258 shares during the period. Baker Tilly Wealth Management LLC raised its holdings in JPMorgan US Quality Factor ETF by 5.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock worth $361,000 after purchasing an additional 342 shares during the last quarter. Private Trust Co. NA increased its position in JPMorgan US Quality Factor ETF by 4.9% during the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock worth $413,000 after buying an additional 343 shares in the last quarter. Patten Group Inc. grew its position in shares of JPMorgan US Quality Factor ETF by 4.2% in the third quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock valued at $510,000 after purchasing an additional 366 shares during the period. Finally, 3Chopt Investment Partners LLC grew its position in shares of JPMorgan US Quality Factor ETF by 2.6% in the second quarter. 3Chopt Investment Partners LLC now owns 15,486 shares of the company’s stock valued at $820,000 after purchasing an additional 392 shares during the period.

JPMorgan US Quality Factor ETF Price Performance

JQUA stock traded down $0.25 during trading on Monday, reaching $56.42. 46,720 shares of the stock traded hands, compared to its average volume of 437,721. The business’s 50 day moving average price is $58.46 and its 200-day moving average price is $56.16. JPMorgan US Quality Factor ETF has a 52-week low of $47.72 and a 52-week high of $60.33. The firm has a market capitalization of $4.57 billion, a PE ratio of 25.27 and a beta of 0.94.

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.