Financial Services Advisory Inc Has $22.27 Million Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Financial Services Advisory Inc raised its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.0% during the third quarter, HoldingsChannel.com reports. The firm owned 393,611 shares of the company’s stock after acquiring an additional 7,632 shares during the quarter. JPMorgan US Quality Factor ETF makes up 5.4% of Financial Services Advisory Inc’s portfolio, making the stock its 7th biggest position. Financial Services Advisory Inc’s holdings in JPMorgan US Quality Factor ETF were worth $22,267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of JQUA. Savant Capital LLC lifted its stake in JPMorgan US Quality Factor ETF by 26.2% in the second quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock valued at $150,825,000 after buying an additional 590,900 shares during the period. LPL Financial LLC raised its stake in JPMorgan US Quality Factor ETF by 16.9% during the 2nd quarter. LPL Financial LLC now owns 3,028,907 shares of the company’s stock worth $160,381,000 after buying an additional 437,404 shares during the period. Tull Financial Group Inc. acquired a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth $24,025,000. Goldstone Financial Group LLC acquired a new position in JPMorgan US Quality Factor ETF in the third quarter valued at about $23,250,000. Finally, West Wealth Group LLC acquired a new position in JPMorgan US Quality Factor ETF in the first quarter valued at about $14,381,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $57.96 on Thursday. The company has a market capitalization of $4.69 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52 week low of $43.58 and a 52 week high of $58.09. The company’s 50 day moving average price is $56.22 and its two-hundred day moving average price is $53.93.

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.