JPMorgan U.S. Quality Factor ETF $JQUA Shares Purchased by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 266.7% in the third quarter, Holdings Channel.com reports. The fund owned 401,081 shares of the company’s stock after buying an additional 291,693 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises approximately 1.7% of Ameritas Advisory Services LLC’s holdings, making the stock its 8th largest position. Ameritas Advisory Services LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $25,232,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Savant Capital LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 10.5% during the 3rd quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock worth $582,579,000 after buying an additional 878,484 shares during the period. Sage Mountain Advisors LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 6.6% in the third quarter. Sage Mountain Advisors LLC now owns 2,889,443 shares of the company’s stock valued at $181,775,000 after buying an additional 177,728 shares during the last quarter. Midland Wealth Advisors LLC grew its position in JPMorgan U.S. Quality Factor ETF by 2.7% in the 2nd quarter. Midland Wealth Advisors LLC now owns 2,026,359 shares of the company’s stock worth $121,683,000 after purchasing an additional 53,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in JPMorgan U.S. Quality Factor ETF by 7.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,752,280 shares of the company’s stock worth $105,224,000 after acquiring an additional 116,345 shares during the period. Finally, Raymond James Financial Inc. increased its stake 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 valued at $86,976,000 after buying an additional 271,538 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $63.33 on Friday. The stock has a fifty day moving average price of $63.91 and a two-hundred day moving average price of $62.74. The firm has a market cap of $7.50 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $64.90.

JPMorgan U.S. 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.