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

Savvy Advisors Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 64.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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 2.8% of Savvy Advisors Inc.’s portfolio, making the stock its 5th largest holding. Savvy Advisors Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $85,834,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JQUA. Asset Dedication LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 840.0% in the second quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after purchasing an additional 840 shares during the period. DHJJ Financial Advisors Ltd. lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 56.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock worth $57,000 after buying an additional 326 shares during the last quarter. MCF Advisors LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth $57,000. Wealth Watch Advisors INC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth $57,000. Finally, Smartleaf Asset Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after buying an additional 998 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA opened at $61.80 on Friday. The company has a market capitalization of $6.90 billion, a PE ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $64.90. The company’s fifty day moving average price is $63.18 and its 200 day moving average price is $63.09.

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.