JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Acquired by Petra Financial Advisors Inc.

Petra Financial Advisors Inc. grew its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 5.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 139,464 shares of the company’s stock after buying an additional 7,427 shares during the quarter. JPMorgan US Quality Factor ETF accounts for approximately 5.4% of Petra Financial Advisors Inc.’s investment portfolio, making the stock its biggest holding. Petra Financial Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $7,987,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Savant Capital LLC grew its position in shares of JPMorgan US Quality Factor ETF by 21.6% in the fourth quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after purchasing an additional 1,104,556 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $60,102,000. Wealth Enhancement Advisory Services LLC bought a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth $36,676,000. Sage Mountain Advisors LLC lifted its stake in JPMorgan US Quality Factor ETF by 34.2% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock worth $137,686,000 after purchasing an additional 612,953 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after acquiring an additional 510,409 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Up 1.1 %

NYSEARCA JQUA opened at $57.07 on Tuesday. The stock has a fifty day simple moving average of $58.79 and a 200 day simple moving average of $57.87. JPMorgan US Quality Factor ETF has a twelve month low of $49.61 and a twelve month high of $60.79. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 24.52 and a beta of 0.95.

JPMorgan US 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.