Edge Financial Advisors LLC Boosts Position in JPMorgan U.S. Quality Factor ETF $JQUA

Edge Financial Advisors LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 143,068 shares of the company’s stock after acquiring an additional 9,354 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for about 4.0% of Edge Financial Advisors LLC’s portfolio, making the stock its 7th largest position. Edge Financial Advisors LLC owned 0.12% of JPMorgan U.S. Quality Factor ETF worth $9,039,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. DHJJ Financial Advisors Ltd. grew its holdings in JPMorgan U.S. Quality Factor ETF by 56.4% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock worth $57,000 after acquiring an additional 326 shares during the last quarter. MCF Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth approximately $57,000. Wealth Watch Advisors INC bought a new stake in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth approximately $57,000. Smartleaf Asset Management LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 1,782.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after acquiring an additional 998 shares during the last quarter. Finally, Longview Financial Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth approximately $66,000.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA opened at $65.52 on Wednesday. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $52.79 and a fifty-two week high of $66.10. The firm has a market capitalization of $7.35 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. The company’s 50 day moving average price is $63.16 and its two-hundred day moving average price is $63.19.

About JPMorgan U.S. 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.