JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) is MBA Advisors LLC’s 8th Largest Position

MBA Advisors LLC decreased its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,386 shares of the company’s stock after selling 3,695 shares during the quarter. JPMorgan US Quality Factor ETF accounts for approximately 3.3% of MBA Advisors LLC’s portfolio, making the stock its 8th largest position. MBA Advisors LLC owned about 0.15% of JPMorgan US Quality Factor ETF worth $6,533,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. GoalVest Advisory LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 9.1% during the second quarter. GoalVest Advisory LLC now owns 246,840 shares of the company’s stock worth $13,070,000 after purchasing an additional 20,534 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the second quarter worth about $36,000. Signaturefd LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 1.5% during the second quarter. Signaturefd LLC now owns 5,467,392 shares of the company’s stock worth $289,498,000 after purchasing an additional 78,869 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in shares of JPMorgan US Quality Factor ETF by 114.3% during the second quarter. Nations Financial Group Inc. IA ADV now owns 18,036 shares of the company’s stock worth $955,000 after purchasing an additional 9,619 shares in the last quarter. Finally, Ameritas Advisory Services LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 4.9% during the second quarter. Ameritas Advisory Services LLC now owns 394,355 shares of the company’s stock worth $20,881,000 after purchasing an additional 18,310 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA:JQUA traded up $0.47 during mid-day trading on Friday, reaching $55.78. The stock had a trading volume of 202,633 shares, compared to its average volume of 543,359. The stock has a market capitalization of $4.52 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $41.37 and a one year high of $55.81. The firm has a 50 day moving average price of $53.64 and a two-hundred day moving average price of $52.40.

About JPMorgan US 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.