Saratoga Research & Investment Management Boosts Stock Position in JPMorgan U.S. Quality Factor ETF $JQUA

Saratoga Research & Investment Management increased its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4,551.8% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 162,442 shares of the company’s stock after buying an additional 158,950 shares during the period. Saratoga Research & Investment Management owned 0.14% of JPMorgan U.S. Quality Factor ETF worth $10,263,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in JQUA. Cambridge Investment Research Advisors Inc. boosted its stake in JPMorgan U.S. Quality Factor ETF by 1.3% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 887,986 shares of the company’s stock valued at $56,103,000 after purchasing an additional 11,414 shares during the last quarter. Lawood & Co. purchased a new stake in JPMorgan U.S. Quality Factor ETF during the 4th quarter valued at $7,875,000. Cornerstone Wealth Management LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 15.0% during the 4th quarter. Cornerstone Wealth Management LLC now owns 171,419 shares of the company’s stock valued at $10,830,000 after purchasing an additional 22,344 shares during the last quarter. Flavin Financial Services Inc. boosted its stake in JPMorgan U.S. Quality Factor ETF by 11.9% during the 4th quarter. Flavin Financial Services Inc. now owns 16,168 shares of the company’s stock valued at $1,021,000 after purchasing an additional 1,715 shares during the last quarter. Finally, Western Wealth Management LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 4.1% during the 4th quarter. Western Wealth Management LLC now owns 67,277 shares of the company’s stock valued at $4,251,000 after purchasing an additional 2,638 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.6%

Shares of JQUA opened at $68.07 on Friday. The business’s fifty day simple moving average is $64.15 and its two-hundred day simple moving average is $63.69. JPMorgan U.S. Quality Factor ETF has a 12 month low of $57.69 and a 12 month high of $68.67. The company has a market cap of $7.65 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90.

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.