Valley National Advisers Inc. Buys 30,507 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Valley National Advisers Inc. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, HoldingsChannel.com reports. The fund acquired 30,507 shares of the company’s stock, valued at approximately $2,251,000.

Several other institutional investors have also recently bought and sold shares of JQUA. MN Wealth Advisors LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth about $348,000. Signaturefd LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $29,171,000. Sowell Financial Services LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $256,000. DHJJ Financial Advisors Ltd. acquired a new position in JPMorgan U.S. Quality Factor ETF in the third quarter worth about $67,000. Finally, Gibbs Wealth Management raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 11.1% in the 3rd quarter. Gibbs Wealth Management now owns 113,783 shares of the company’s stock worth $8,397,000 after buying an additional 11,390 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JPMorgan U.S. Quality Factor ETF stock opened at $75.92 on Friday. The firm has a market capitalization of $9.35 billion, a P/E ratio of 23.86 and a beta of 0.90. The stock has a fifty day moving average price of $74.65 and a two-hundred day moving average price of $71.55. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.70 and a 52-week high of $76.43.

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.