Saratoga Research & Investment Management Raises Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Saratoga Research & Investment Management raised its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4,551.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 162,442 shares of the company’s stock after acquiring an additional 158,950 shares during the quarter. Saratoga Research & Investment Management’s holdings in JPMorgan U.S. Quality Factor ETF were worth $10,263,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in JQUA. Savant Capital LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.5% during the 3rd quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock valued at $582,579,000 after buying an additional 878,484 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 53.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after buying an additional 702,461 shares during the period. Savvy Advisors Inc. lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 64.4% during the 4th quarter. Savvy Advisors Inc. now owns 1,358,559 shares of the company’s stock valued at $85,834,000 after buying an additional 532,063 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 266.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 401,081 shares of the company’s stock valued at $25,232,000 after buying an additional 291,693 shares during the period. Finally, Raymond James Financial Inc. lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 23.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock valued at $86,976,000 after buying an additional 271,538 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $68.07 on Friday. The business’s fifty day moving average price is $64.15 and its 200-day moving average price is $63.69. The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 1-year low of $57.69 and a 1-year high of $68.67.

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.