JPMorgan U.S. Quality Factor ETF $JQUA is Ameritas Advisory Services LLC’s 8th Largest Position

Ameritas Advisory Services LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 266.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 401,081 shares of the company’s stock after acquiring an additional 291,693 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up approximately 1.7% of Ameritas Advisory Services LLC’s holdings, making the stock its 8th biggest holding. Ameritas Advisory Services LLC owned about 0.34% of JPMorgan U.S. Quality Factor ETF worth $25,232,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Savant Capital LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 14.7% in the 2nd quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock worth $503,341,000 after buying an additional 1,072,456 shares during the last quarter. Warren Street Wealth Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at $40,299,000. Intellus Advisors LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 181.2% during the second quarter. Intellus Advisors LLC now owns 523,325 shares of the company’s stock worth $31,426,000 after purchasing an additional 337,229 shares in the last quarter. LVZ Inc. grew its position in shares of JPMorgan U.S. Quality Factor ETF by 48.5% in the third quarter. LVZ Inc. now owns 997,493 shares of the company’s stock valued at $62,752,000 after purchasing an additional 325,663 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 29.6% during the second quarter. JPMorgan Chase & Co. now owns 1,325,435 shares of the company’s stock valued at $79,592,000 after acquiring an additional 302,640 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 1.3%

Shares of JQUA opened at $63.33 on Friday. The stock has a market cap of $7.50 billion, a PE ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90. The firm’s fifty day moving average is $63.91 and its two-hundred day moving average is $62.74.

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.