JPMorgan U.S. Quality Factor ETF $JQUA Shares Purchased by Valicenti Advisory Services Inc.

Valicenti Advisory Services Inc. grew its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 227,203 shares of the company’s stock after purchasing an additional 10,052 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for 3.0% of Valicenti Advisory Services Inc.’s portfolio, making the stock its 10th biggest position. Valicenti Advisory Services Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $14,355,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Beacon Bridge Wealth Partners LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 1.5% during the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 13,039 shares of the company’s stock worth $820,000 after purchasing an additional 190 shares during the period. Financial Network Wealth Advisors LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 3.7% during the third quarter. Financial Network Wealth Advisors LLC now owns 5,574 shares of the company’s stock valued at $351,000 after acquiring an additional 198 shares during the period. Stonehaven Wealth & Tax Solutions LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.1% during the second quarter. Stonehaven Wealth & Tax Solutions LLC now owns 20,102 shares of the company’s stock valued at $1,207,000 after purchasing an additional 220 shares during the period. Redwood Financial Network Corp raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 5.7% during the second quarter. Redwood Financial Network Corp now owns 4,263 shares of the company’s stock valued at $256,000 after purchasing an additional 228 shares in the last quarter. Finally, SeaCrest Wealth Management LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 6.3% during the third quarter. SeaCrest Wealth Management LLC now owns 4,062 shares of the company’s stock valued at $256,000 after purchasing an additional 240 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Up 0.4%

Shares of JQUA opened at $61.56 on Thursday. The firm has a 50-day moving average price of $63.28 and a 200 day moving average price of $63.10. The firm has a market capitalization of $7.29 billion, a PE ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90.

JPMorgan U.S. 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.