JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Stake Raised by Scarborough Advisors LLC

Scarborough Advisors LLC grew its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1,116.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,226,572 shares of the company’s stock after acquiring an additional 2,043,520 shares during the quarter. JPMorgan US Quality Factor ETF comprises approximately 4.8% of Scarborough Advisors LLC’s portfolio, making the stock its 6th biggest position. Scarborough Advisors LLC owned approximately 5.32% of JPMorgan US Quality Factor ETF worth $106,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of JQUA. Princeton Global Asset Management LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 1.0% in the fourth quarter. Princeton Global Asset Management LLC now owns 23,504 shares of the company’s stock worth $1,125,000 after purchasing an additional 229 shares during the last quarter. Capital Advisors Ltd. LLC raised its position in JPMorgan US Quality Factor ETF by 6.3% in the 4th quarter. Capital Advisors Ltd. LLC now owns 4,117 shares of the company’s stock worth $197,000 after buying an additional 243 shares during the last quarter. Mendel Money Management lifted its stake in JPMorgan US Quality Factor ETF by 2.6% during the 3rd quarter. Mendel Money Management now owns 10,474 shares of the company’s stock valued at $453,000 after acquiring an additional 270 shares during the period. Spire Wealth Management boosted its holdings in shares of JPMorgan US Quality Factor ETF by 2.0% during the 4th quarter. Spire Wealth Management now owns 18,122 shares of the company’s stock valued at $890,000 after acquiring an additional 348 shares during the last quarter. Finally, MorganRosel Wealth Management LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 0.5% in the fourth quarter. MorganRosel Wealth Management LLC now owns 111,538 shares of the company’s stock worth $5,338,000 after acquiring an additional 549 shares during the period.

JPMorgan US Quality Factor ETF Trading Up 0.1 %

Shares of JQUA stock opened at $52.77 on Friday. JPMorgan US Quality Factor ETF has a 12-month low of $41.37 and a 12-month high of $53.03. The stock has a market capitalization of $4.27 billion, a P/E ratio of 25.27 and a beta of 0.94. The firm’s 50 day moving average is $51.46 and its 200 day moving average is $50.32.

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.