Blue Trust Inc. Boosts Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Blue Trust Inc. raised its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 12.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,962 shares of the company’s stock after acquiring an additional 10,709 shares during the quarter. Blue Trust Inc. owned approximately 0.09% of JPMorgan U.S. Quality Factor ETF worth $6,007,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Florida Financial Advisors LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 1.0% in the fourth quarter. Florida Financial Advisors LLC now owns 16,767 shares of the company’s stock valued at $1,048,000 after purchasing an additional 161 shares during the last quarter. Redwood Financial Network Corp increased its position in JPMorgan U.S. Quality Factor ETF by 5.7% in the second quarter. Redwood Financial Network Corp now owns 4,263 shares of the company’s stock worth $256,000 after buying an additional 228 shares during the last quarter. Operose Advisors LLC increased its position in JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after buying an additional 235 shares during the last quarter. SeaCrest Wealth Management LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 6.3% in the third quarter. SeaCrest Wealth Management LLC now owns 4,062 shares of the company’s stock valued at $256,000 after buying an additional 240 shares during the period. Finally, Patten Group Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.5% in the third quarter. Patten Group Inc. now owns 9,927 shares of the company’s stock valued at $625,000 after buying an additional 243 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA JQUA opened at $70.27 on Thursday. The business’s fifty day moving average price is $68.73 and its 200-day moving average price is $65.30. JPMorgan U.S. Quality Factor ETF has a one year low of $59.03 and a one year high of $72.31. The stock has a market capitalization of $7.90 billion, a PE ratio of 23.86 and a beta of 0.91.

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.