Valley National Advisers Inc. Buys 850 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Valley National Advisers Inc. raised its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,653 shares of the company’s stock after purchasing an additional 850 shares during the period. Valley National Advisers Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $2,380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. NBC Securities Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 123,850.0% during the 1st quarter. NBC Securities Inc. now owns 4,958 shares of the company’s stock worth $279,000 after acquiring an additional 4,954 shares in the last quarter. RFG Advisory LLC increased its position in shares of JPMorgan U.S. Quality Factor ETF by 7.9% during the first quarter. RFG Advisory LLC now owns 6,819 shares of the company’s stock worth $385,000 after purchasing an additional 498 shares in the last quarter. Miracle Mile Advisors LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 1st quarter valued at $842,000. CGC Financial Services LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 18.1% during the 1st quarter. CGC Financial Services LLC now owns 7,364 shares of the company’s stock valued at $416,000 after purchasing an additional 1,129 shares during the last quarter. Finally, Portside Wealth Group LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 4.9% in the 1st quarter. Portside Wealth Group LLC now owns 42,433 shares of the company’s stock worth $2,396,000 after purchasing an additional 1,991 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $63.06 on Monday. The business’s 50-day moving average is $61.84 and its 200 day moving average is $59.14. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $63.43. The firm has a market capitalization of $7.37 billion, a P/E ratio of 23.86 and a beta of 0.92.

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.