Dynamic Advisor Solutions LLC Acquires 14,021 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Dynamic Advisor Solutions LLC boosted its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 14.2% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 113,049 shares of the company’s stock after acquiring an additional 14,021 shares during the quarter. Dynamic Advisor Solutions LLC owned approximately 0.14% of JPMorgan US Quality Factor ETF worth $5,977,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JQUA. Signaturefd LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 25.0% in the fourth quarter. Signaturefd LLC now owns 5,265,666 shares of the company’s stock worth $252,015,000 after acquiring an additional 1,052,055 shares during the last quarter. Annex Advisory Services LLC lifted its position in JPMorgan US Quality Factor ETF by 148.8% in the first quarter. Annex Advisory Services LLC now owns 4,205,639 shares of the company’s stock worth $222,352,000 after purchasing an additional 2,515,457 shares during the period. ST Germain D J Co. Inc. lifted its position in JPMorgan US Quality Factor ETF by 4.7% in the first quarter. ST Germain D J Co. Inc. now owns 2,412,066 shares of the company’s stock worth $127,526,000 after purchasing an additional 108,549 shares during the period. Scarborough Advisors LLC lifted its position in JPMorgan US Quality Factor ETF by 1,116.4% in the fourth quarter. Scarborough Advisors LLC now owns 2,226,572 shares of the company’s stock worth $106,564,000 after purchasing an additional 2,043,520 shares during the period. Finally, Midland Wealth Advisors LLC bought a new position in JPMorgan US Quality Factor ETF in the fourth quarter worth $96,084,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA stock opened at $53.09 on Wednesday. The stock has a market cap of $4.30 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 $53.56. The stock has a fifty day moving average price of $51.73 and a 200 day moving average price of $50.71.

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.