D Orazio & Associates Inc. Purchases 63,282 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

D Orazio & Associates Inc. raised its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 58.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 170,986 shares of the company’s stock after buying an additional 63,282 shares during the quarter. JPMorgan US Quality Factor ETF comprises about 1.4% of D Orazio & Associates Inc.’s holdings, making the stock its 15th largest position. D Orazio & Associates Inc. owned about 0.21% of JPMorgan US Quality Factor ETF worth $9,054,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JQUA. Private Wealth Partners LLC increased its stake in JPMorgan US Quality Factor ETF by 68.8% in the 2nd quarter. Private Wealth Partners LLC now owns 21,109 shares of the company’s stock worth $1,118,000 after acquiring an additional 8,600 shares during the last quarter. PFG Advisors boosted its holdings in JPMorgan US Quality Factor ETF by 152.6% during the 2nd quarter. PFG Advisors now owns 22,655 shares of the company’s stock valued at $1,200,000 after acquiring an additional 13,688 shares during the period. LPL Financial LLC boosted its holdings in JPMorgan US Quality Factor ETF by 16.9% during the 2nd quarter. LPL Financial LLC now owns 3,028,907 shares of the company’s stock valued at $160,381,000 after acquiring an additional 437,404 shares during the period. Redwood Financial Network Corp purchased a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter valued at about $223,000. Finally, Sage Advisory Services Ltd.Co. boosted its holdings in JPMorgan US Quality Factor ETF by 10.4% during the 2nd quarter. Sage Advisory Services Ltd.Co. now owns 554,691 shares of the company’s stock valued at $29,371,000 after acquiring an additional 52,317 shares during the period.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA JQUA opened at $54.81 on Thursday. JPMorgan US Quality Factor ETF has a fifty-two week low of $41.37 and a fifty-two week high of $55.81. The stock has a 50 day simple moving average of $53.90 and a two-hundred day simple moving average of $52.63. The stock has a market cap of $4.44 billion, a P/E ratio of 25.27 and a beta of 0.94.

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.