D.A. Davidson & CO. Raises Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

D.A. Davidson & CO. lifted its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 19,870 shares of the company’s stock after buying an additional 805 shares during the period. D.A. Davidson & CO.’s holdings in JPMorgan US Quality Factor ETF were worth $1,124,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Savant Capital LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 26.2% during the second quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock worth $150,825,000 after purchasing an additional 590,900 shares in the last quarter. LPL Financial LLC increased its stake in JPMorgan US Quality Factor ETF by 16.9% during the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after buying an additional 510,409 shares during the period. Spectrum Wealth Advisory Group LLC acquired a new position in JPMorgan US Quality Factor ETF in the 3rd quarter worth $27,648,000. Tull Financial Group Inc. purchased a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at about $24,025,000. Finally, Goldstone Financial Group LLC purchased a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at about $23,250,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $59.72 on Monday. JPMorgan US Quality Factor ETF has a 1 year low of $45.45 and a 1 year high of $59.82. The stock’s 50-day simple moving average is $57.42 and its 200-day simple moving average is $54.87. The firm has a market cap of $4.83 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.