Savvy Advisors Inc. Increases Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Savvy Advisors Inc. raised its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 23.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 332,630 shares of the company’s stock after acquiring an additional 62,547 shares during the period. JPMorgan US Quality Factor ETF makes up 2.3% of Savvy Advisors Inc.’s holdings, making the stock its 7th largest position. Savvy Advisors Inc. owned 0.41% of JPMorgan US Quality Factor ETF worth $19,050,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. FPC Investment Advisory Inc. acquired a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $29,000. CENTRAL TRUST Co acquired a new position in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at $47,000. Abound Wealth Management bought a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at $55,000. Fortitude Family Office LLC raised its stake in JPMorgan US Quality Factor ETF by 45.8% during the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after buying an additional 550 shares during the period. Finally, New Republic Capital LLC bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter worth about $107,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $53.70 on Friday. The company has a market capitalization of $5.39 billion, a P/E ratio of 22.94 and a beta of 0.95. The business has a 50-day moving average of $57.32 and a two-hundred day moving average of $57.80. JPMorgan US Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $60.79.

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.