Blue Trust Inc. Raises Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Blue Trust Inc. lifted its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 7.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,765 shares of the company’s stock after buying an additional 3,141 shares during the quarter. Blue Trust Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $2,370,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in JQUA. Koesten Hirschmann & Crabtree INC. grew its holdings in JPMorgan US Quality Factor ETF by 145.5% during the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after acquiring an additional 320 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 2nd quarter valued at about $34,000. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 2nd quarter worth approximately $36,000. EverSource Wealth Advisors LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the second quarter valued at approximately $44,000. Finally, Atlanta Consulting Group Advisors LLC purchased a new position in JPMorgan US Quality Factor ETF during the first quarter valued at approximately $86,000.

JPMorgan US Quality Factor ETF Stock Up 0.3 %

Shares of NYSEARCA:JQUA opened at $57.58 on Friday. The firm has a 50 day moving average of $55.65 and a 200 day moving average of $53.43. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52 week low of $41.37 and a 52 week high of $57.90.

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.