Savvy Advisors Inc. Has $27.86 Million Holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

Savvy Advisors Inc. lifted its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 48.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 493,335 shares of the company’s stock after buying an additional 160,705 shares during the period. JPMorgan U.S. Quality Factor ETF makes up approximately 2.8% of Savvy Advisors Inc.’s investment portfolio, making the stock its 6th biggest position. Savvy Advisors Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $27,859,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. CENTRAL TRUST Co acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth $47,000. Stratos Wealth Partners LTD. increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 0.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 403,593 shares of the company’s stock worth $23,114,000 after buying an additional 2,264 shares in the last quarter. Money Concepts Capital Corp acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth $205,000. Onyx Bridge Wealth Group LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 4.4% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 114,214 shares of the company’s stock worth $6,541,000 after buying an additional 4,853 shares in the last quarter. Finally, Financial Advocates Investment Management acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth $360,000.

JPMorgan U.S. Quality Factor ETF Stock Up 0.1%

NYSEARCA JQUA opened at $59.35 on Thursday. The company has a market capitalization of $6.19 billion, a price-to-earnings ratio of 24.59 and a beta of 0.95. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $60.79. The stock has a fifty day simple moving average of $56.14 and a 200 day simple moving average of $57.74.

JPMorgan U.S. 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.