JPMorgan U.S. Quality Factor ETF $JQUA Shares Purchased by Savvy Advisors Inc.

Savvy Advisors Inc. raised its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 64.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,358,559 shares of the company’s stock after purchasing an additional 532,063 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises about 2.8% of Savvy Advisors Inc.’s investment portfolio, making the stock its 5th biggest position. Savvy Advisors Inc. owned 1.13% of JPMorgan U.S. Quality Factor ETF worth $85,834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Avidian Wealth Enterprises LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 2.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock worth $45,338,000 after acquiring an additional 19,436 shares during the period. HighTower Advisors LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 13.4% during the third quarter. HighTower Advisors LLC now owns 385,333 shares of the company’s stock valued at $24,242,000 after purchasing an additional 45,556 shares during the period. Hershey Financial Advisers LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the second quarter valued at approximately $1,066,000. Dynamic Advisor Solutions LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 71.9% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 313,401 shares of the company’s stock worth $19,801,000 after purchasing an additional 131,103 shares in the last quarter. Finally, Breakwater Capital Group lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 11.4% during the fourth quarter. Breakwater Capital Group now owns 414,268 shares of the company’s stock worth $26,173,000 after purchasing an additional 42,271 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA opened at $61.80 on Friday. The company has a fifty day simple moving average of $63.18 and a 200 day simple moving average of $63.09. The firm has a market cap of $6.90 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $64.90.

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.