Hollencrest Capital Management Makes New Investment in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Hollencrest Capital Management purchased a new stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,500 shares of the company’s stock, valued at approximately $185,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Koesten Hirschmann & Crabtree INC. raised its holdings in JPMorgan US Quality Factor ETF by 145.5% in the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after purchasing an additional 320 shares during the period. International Assets Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the 2nd quarter valued at about $36,000. Atlanta Consulting Group Advisors LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the 1st quarter valued at approximately $86,000. Whittier Trust Co. of Nevada Inc. increased its holdings in JPMorgan US Quality Factor ETF by 107.1% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,634 shares of the company’s stock worth $139,000 after acquiring an additional 1,362 shares in the last quarter. Finally, EdgeRock Capital LLC bought a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $155,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $56.21 on Friday. The company has a market capitalization of $4.55 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1-year low of $41.37 and a 1-year high of $56.50. The firm’s 50 day simple moving average is $54.23 and its two-hundred day simple moving average is $52.82.

JPMorgan US Quality Factor ETF Company 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.