Financial Services Advisory Inc Increases Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Financial Services Advisory Inc raised its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 393,611 shares of the company’s stock after acquiring an additional 7,632 shares during the quarter. JPMorgan US Quality Factor ETF makes up 5.4% of Financial Services Advisory Inc’s portfolio, making the stock its 7th largest holding. Financial Services Advisory Inc owned about 0.49% of JPMorgan US Quality Factor ETF worth $22,267,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in JQUA. Koesten Hirschmann & Crabtree INC. increased 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 valued at $29,000 after purchasing an additional 320 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the second quarter valued at $34,000. International Assets Investment Management LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the second quarter valued at about $36,000. EverSource Wealth Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the 2nd quarter worth about $44,000. Finally, Fortitude Family Office LLC bought a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth about $68,000.

JPMorgan US Quality Factor ETF Trading Up 2.0 %

Shares of NYSEARCA JQUA opened at $57.96 on Thursday. JPMorgan US Quality Factor ETF has a 1-year low of $43.58 and a 1-year high of $58.09. The company has a 50-day moving average of $56.22 and a two-hundred day moving average of $53.93. The company has a market cap of $4.69 billion, a PE ratio of 25.27 and a beta of 0.94.

JPMorgan US Quality Factor ETF Company 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.