JPMorgan U.S. Quality Factor ETF $JQUA Stake Raised by Valicenti Advisory Services Inc.

Valicenti Advisory Services Inc. boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 227,203 shares of the company’s stock after buying an additional 10,052 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for 3.0% of Valicenti Advisory Services Inc.’s investment portfolio, making the stock its 10th largest position. Valicenti Advisory Services Inc. owned approximately 0.19% of JPMorgan U.S. Quality Factor ETF worth $14,355,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Beacon Pointe Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF in the second quarter valued at $2,308,000. Twin Peaks Wealth Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth about $84,000. Parkworth Wealth Management Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at about $55,000. Baird Financial Group Inc. acquired a new position in JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth approximately $4,901,000. Finally, Cresset Asset Management LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 12.5% in the second quarter. Cresset Asset Management LLC now owns 6,696 shares of the company’s stock valued at $402,000 after buying an additional 745 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.4%

Shares of NYSEARCA JQUA opened at $61.56 on Thursday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $64.90. The stock has a market cap of $7.29 billion, a P/E ratio of 23.86 and a beta of 0.93. The stock has a 50 day moving average of $63.28 and a two-hundred day moving average of $63.10.

JPMorgan U.S. 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.