MBA Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 135,798 shares of the company’s stock, valued at approximately $10,022,000. JPMorgan U.S. Quality Factor ETF accounts for 3.3% of MBA Advisors LLC’s investment portfolio, making the stock its 9th biggest position. MBA Advisors LLC owned about 0.11% of JPMorgan U.S. Quality Factor ETF at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in JQUA. RVW Wealth LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $74,549,000. Avidian Wealth Enterprises LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $73,013,000. Midland Wealth Advisors LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $67,344,000. Aprio Wealth Management LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $35,975,000. Finally, Breakwater Capital Group bought a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $33,394,000.
JPMorgan U.S. Quality Factor ETF Stock Performance
JQUA opened at $75.37 on Tuesday. The firm’s fifty day moving average is $74.84 and its two-hundred day moving average is $69.42. The firm has a market cap of $9.49 billion, a PE ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $76.68.
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.
Further Reading
- Five stocks we like better than JPMorgan U.S. Quality Factor ETF
- AbbVie’s Humira Era Is Fading, But Its New Growth Engines Face Another Test
- GLP-1 Focus or Broader Peptide Exposure: Which ETF Has the Edge?
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
Want to see what other hedge funds are holding JQUA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report).
Receive News & Ratings for JPMorgan U.S. Quality Factor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Quality Factor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
