Strategent Financial LLC Boosts Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Strategent Financial LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 379,444 shares of the company’s stock after buying an additional 11,835 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises about 15.8% of Strategent Financial LLC’s holdings, making the stock its 2nd largest position. Strategent Financial LLC owned 0.34% of JPMorgan U.S. Quality Factor ETF worth $23,268,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. D.A. Davidson & CO. increased its holdings in JPMorgan U.S. Quality Factor ETF by 13.6% in the fourth quarter. D.A. Davidson & CO. now owns 118,850 shares of the company’s stock worth $7,509,000 after purchasing an additional 14,215 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 71.9% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 313,401 shares of the company’s stock worth $19,801,000 after buying an additional 131,103 shares in the last quarter. Breakwater Capital Group boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 11.4% during the 4th quarter. Breakwater Capital Group now owns 414,268 shares of the company’s stock worth $26,173,000 after buying an additional 42,271 shares in the last quarter. Intellus Advisors LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 32.8% during the 3rd quarter. Intellus Advisors LLC now owns 695,154 shares of the company’s stock worth $43,732,000 after buying an additional 171,829 shares during the period. Finally, TD Capital Management LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 21.3% during the 3rd quarter. TD Capital Management LLC now owns 50,641 shares of the company’s stock worth $3,186,000 after buying an additional 8,895 shares during the period.

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

NYSEARCA:JQUA opened at $70.27 on Thursday. The company has a fifty day moving average of $68.73 and a 200-day moving average of $65.30. The firm has a market capitalization of $7.90 billion, a P/E ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.03 and a twelve month high of $72.31.

JPMorgan U.S. Quality Factor ETF 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.