JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Bought by Petra Financial Advisors Inc.

Petra Financial Advisors Inc. lifted its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 28.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132,037 shares of the company’s stock after purchasing an additional 29,367 shares during the period. JPMorgan US Quality Factor ETF accounts for about 4.9% of Petra Financial Advisors Inc.’s portfolio, making the stock its largest holding. Petra Financial Advisors Inc. owned approximately 0.16% of JPMorgan US Quality Factor ETF worth $7,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in JQUA. Norden Group LLC acquired a new position in JPMorgan US Quality Factor ETF during the first quarter worth $557,000. Private Advisor Group LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 35.1% in the first quarter. Private Advisor Group LLC now owns 42,546 shares of the company’s stock valued at $2,249,000 after purchasing an additional 11,061 shares during the period. Diversify Advisory Services LLC acquired a new stake in JPMorgan US Quality Factor ETF during the first quarter worth about $832,000. Janney Montgomery Scott LLC raised its stake in JPMorgan US Quality Factor ETF by 21.9% during the first quarter. Janney Montgomery Scott LLC now owns 673,419 shares of the company’s stock worth $35,604,000 after purchasing an additional 120,765 shares during the period. Finally, REDW Wealth LLC raised its stake in JPMorgan US Quality Factor ETF by 3.1% during the first quarter. REDW Wealth LLC now owns 603,954 shares of the company’s stock worth $31,931,000 after purchasing an additional 17,924 shares during the period.

JPMorgan US Quality Factor ETF Stock Down 0.8 %

Shares of JPMorgan US Quality Factor ETF stock traded down $0.48 during mid-day trading on Thursday, hitting $56.19. The stock had a trading volume of 24,180 shares, compared to its average volume of 531,707. The firm has a market cap of $4.55 billion, a P/E ratio of 25.27 and a beta of 0.94. The firm has a 50-day moving average of $56.07 and a two-hundred day moving average of $53.71. JPMorgan US Quality Factor ETF has a 12-month low of $41.80 and a 12-month high of $57.90.

JPMorgan US 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.