Private Advisor Group LLC Purchases 54,587 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Private Advisor Group LLC grew its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 30.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 232,771 shares of the company’s stock after buying an additional 54,587 shares during the quarter. Private Advisor Group LLC owned 0.29% of JPMorgan US Quality Factor ETF worth $13,331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Savant Capital LLC lifted its holdings in JPMorgan US Quality Factor ETF by 21.6% during the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after buying an additional 1,104,556 shares in the last quarter. LPL Financial LLC increased its position in shares of JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after acquiring an additional 510,409 shares during the period. ST Germain D J Co. Inc. increased its position in shares of JPMorgan US Quality Factor ETF by 1.7% during the fourth quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock worth $153,647,000 after acquiring an additional 44,726 shares during the period. Townsquare Capital LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 6.1% during the third quarter. Townsquare Capital LLC now owns 1,415,009 shares of the company’s stock valued at $80,047,000 after acquiring an additional 81,577 shares in the last quarter. Finally, Mason & Associates Inc boosted its holdings in shares of JPMorgan US Quality Factor ETF by 57.4% in the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after purchasing an additional 494,630 shares during the period.

JPMorgan US Quality Factor ETF Stock Down 0.5 %

JQUA opened at $60.43 on Friday. The stock’s fifty day moving average is $58.81 and its two-hundred day moving average is $57.34. The company has a market capitalization of $6.02 billion, a P/E ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 52 week low of $49.60 and a 52 week high of $60.79.

About JPMorgan US Quality Factor ETF

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.