Y Intercept Hong Kong Ltd Acquires New Shares in JPMorgan U.S. Quality Factor ETF $JQUA

Y Intercept Hong Kong Ltd bought a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the 2nd quarter, HoldingsChannel.com reports. The fund bought 4,139 shares of the company’s stock, valued at approximately $249,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in JQUA. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 27.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 831,723 shares of the company’s stock valued at $49,945,000 after purchasing an additional 177,786 shares in the last quarter. Sage Mountain Advisors LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 8.6% in the 2nd quarter. Sage Mountain Advisors LLC now owns 2,711,715 shares of the company’s stock valued at $162,839,000 after purchasing an additional 215,460 shares during the last quarter. MN Wealth Advisors LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 4.9% in the second quarter. MN Wealth Advisors LLC now owns 6,480 shares of the company’s stock valued at $389,000 after buying an additional 304 shares in the last quarter. CAP Partners LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 7.2% in the second quarter. CAP Partners LLC now owns 43,069 shares of the company’s stock valued at $2,586,000 after buying an additional 2,900 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.7% during the second quarter. Onyx Bridge Wealth Group LLC now owns 119,632 shares of the company’s stock worth $7,184,000 after buying an additional 2,005 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA opened at $61.93 on Friday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $63.74. The company has a market capitalization of $7.36 billion, a PE ratio of 23.86 and a beta of 0.93. The company has a fifty day moving average of $62.56 and a 200-day moving average of $60.57.

About JPMorgan U.S. Quality Factor ETF

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.