Global Assets Advisory LLC Makes New Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Global Assets Advisory LLC bought a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,808 shares of the company’s stock, valued at approximately $217,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Savant Capital LLC increased its holdings in JPMorgan US Quality Factor ETF by 21.6% during the fourth quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock worth $356,484,000 after buying an additional 1,104,556 shares during the last quarter. Raymond James Financial Inc. bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at $60,102,000. Wealth Enhancement Advisory Services LLC purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth $36,676,000. Sage Mountain Advisors LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 34.2% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock valued at $137,686,000 after buying an additional 612,953 shares during the period. Finally, Mason & Associates Inc increased its holdings in JPMorgan US Quality Factor ETF by 57.4% in the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after acquiring an additional 494,630 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Down 0.3 %

NYSEARCA JQUA opened at $56.93 on Friday. The company has a market cap of $5.81 billion, a PE ratio of 24.38 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $60.79. The firm’s 50-day simple moving average is $55.48 and its two-hundred day simple moving average is $57.56.

JPMorgan US 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.