D.A. Davidson & CO. Acquires 57,170 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

D.A. Davidson & CO. increased its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 286.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 77,095 shares of the company’s stock after buying an additional 57,170 shares during the period. D.A. Davidson & CO.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $4,630,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of JQUA. Continuum Advisory LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 775.0% in the first quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock valued at $26,000 after acquiring an additional 403 shares in the last quarter. Spire Wealth Management lifted its stake in JPMorgan U.S. Quality Factor ETF by 2.7% in the first quarter. Spire Wealth Management now owns 28,842 shares of the company’s stock valued at $1,629,000 after purchasing an additional 760 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 27.2% in the first quarter. Sequoia Financial Advisors LLC now owns 50,599 shares of the company’s stock valued at $2,857,000 after purchasing an additional 10,835 shares during the last quarter. TFC Financial Management Inc. lifted its stake in JPMorgan U.S. Quality Factor ETF by 3.1% in the first quarter. TFC Financial Management Inc. now owns 654,118 shares of the company’s stock valued at $36,938,000 after purchasing an additional 19,702 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 6.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 386,212 shares of the company’s stock valued at $21,809,000 after purchasing an additional 22,125 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.2%

JPMorgan U.S. Quality Factor ETF stock opened at $63.19 on Friday. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $63.48. The business’s 50 day simple moving average is $62.35 and its 200 day simple moving average is $59.83. The company has a market cap of $7.50 billion, a price-to-earnings ratio of 23.86 and a beta of 0.92.

JPMorgan U.S. 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.