Hershey Financial Advisers LLC Takes Position in JPMorgan U.S. Quality Factor ETF $JQUA

Hershey Financial Advisers LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 17,755 shares of the company’s stock, valued at approximately $1,066,000.

Other hedge funds have also recently bought and sold shares of the company. Savant Capital LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 14.7% in the second quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock valued at $503,341,000 after buying an additional 1,072,456 shares in the last quarter. Intellus Advisors LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 181.2% in the 2nd quarter. Intellus Advisors LLC now owns 523,325 shares of the company’s stock valued at $31,426,000 after acquiring an additional 337,229 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in JPMorgan U.S. Quality Factor ETF by 22.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,635,935 shares of the company’s stock worth $92,381,000 after purchasing an additional 305,026 shares during the period. JPMorgan Chase & Co. boosted its stake in JPMorgan U.S. Quality Factor ETF by 29.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,325,435 shares of the company’s stock worth $79,592,000 after purchasing an additional 302,640 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 23.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock worth $86,976,000 after purchasing an additional 271,538 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA opened at $63.74 on Friday. The company has a market capitalization of $7.58 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. The business’s 50-day moving average price is $62.59 and its two-hundred day moving average price is $61.48. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $64.35.

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.