Gallacher Capital Management LLC Has $4.11 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Gallacher Capital Management LLC increased its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 7.8% in the 4th quarter, HoldingsChannel reports. The firm owned 71,787 shares of the company’s stock after acquiring an additional 5,164 shares during the quarter. JPMorgan US Quality Factor ETF accounts for 2.0% of Gallacher Capital Management LLC’s portfolio, making the stock its 7th largest holding. Gallacher Capital Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $4,111,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in JQUA. Savant Capital LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 21.6% in the fourth quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock worth $356,484,000 after acquiring an additional 1,104,556 shares during the last quarter. LPL Financial LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after acquiring an additional 510,409 shares during the last quarter. ST Germain D J Co. Inc. raised its stake in shares of JPMorgan US Quality Factor ETF by 1.7% during the fourth quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock valued at $153,647,000 after acquiring an additional 44,726 shares during the last quarter. Sage Mountain Advisors LLC raised its position in JPMorgan US Quality Factor ETF by 34.2% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock worth $137,686,000 after purchasing an additional 612,953 shares during the last quarter. Finally, Townsquare Capital LLC raised its position in JPMorgan US Quality Factor ETF by 6.1% during the 3rd quarter. Townsquare Capital LLC now owns 1,415,009 shares of the company’s stock worth $80,047,000 after purchasing an additional 81,577 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Up 1.9 %

Shares of NYSEARCA:JQUA opened at $56.45 on Friday. JPMorgan US Quality Factor ETF has a 12-month low of $49.60 and a 12-month high of $60.79. The firm has a market cap of $5.50 billion, a P/E ratio of 24.52 and a beta of 0.95. The business has a fifty day simple moving average of $58.80 and a 200 day simple moving average of $57.84.

JPMorgan US 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.