Altman Advisors Inc. Takes Position in JPMorgan U.S. Quality Factor ETF $JQUA

Altman Advisors Inc. bought a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 2nd quarter, Holdings Channel reports. The fund bought 16,453 shares of the company’s stock, valued at approximately $990,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Crossmark Global Holdings Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 1st quarter valued at approximately $207,000. Envestnet Asset Management Inc. boosted its holdings in JPMorgan U.S. Quality Factor ETF by 2.0% in the first quarter. Envestnet Asset Management Inc. now owns 653,937 shares of the company’s stock worth $36,928,000 after purchasing an additional 12,886 shares during the period. Keystone Global Partners LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 77.7% during the second quarter. Keystone Global Partners LLC now owns 117,713 shares of the company’s stock valued at $7,069,000 after purchasing an additional 51,468 shares during the last quarter. Sovran Advisors LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the second quarter worth $221,000. Finally, Norden Group LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 5.8% during the first quarter. Norden Group LLC now owns 7,532 shares of the company’s stock worth $425,000 after purchasing an additional 414 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Up 0.5%

Shares of NYSEARCA:JQUA opened at $61.93 on Monday. The company has a market cap of $7.36 billion, a PE ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two week high of $63.74. The firm has a 50-day simple moving average of $62.56 and a 200 day simple moving average of $60.61.

JPMorgan U.S. 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.