Strategent Financial LLC Has $20.45 Million Stock Position in JPMorgan U.S. Quality Factor ETF $JQUA

Strategent Financial LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 340,484 shares of the company’s stock after acquiring an additional 6,700 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for about 16.0% of Strategent Financial LLC’s holdings, making the stock its 2nd largest position. Strategent Financial LLC owned about 0.30% of JPMorgan U.S. Quality Factor ETF worth $20,446,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Continuum Advisory LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 775.0% during the first quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock valued at $26,000 after purchasing an additional 403 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 68.5% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock worth $33,000 after buying an additional 235 shares during the period. Wagner Wealth Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 516.3% in the 1st quarter. Wagner Wealth Management LLC now owns 604 shares of the company’s stock valued at $34,000 after buying an additional 506 shares during the last quarter. CX Institutional acquired a new position in JPMorgan U.S. Quality Factor ETF in the 1st quarter valued at $43,000. Finally, Harbour Investments Inc. raised its holdings in JPMorgan U.S. Quality Factor ETF by 26.5% in the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

JPMorgan U.S. Quality Factor ETF stock opened at $62.37 on Wednesday. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two week high of $63.43. The firm has a fifty day moving average price of $62.10 and a two-hundred day moving average price of $59.39. The firm has a market cap of $7.38 billion, a price-to-earnings ratio of 23.86 and a beta of 0.92.

About JPMorgan U.S. 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.