Valicenti Advisory Services Inc. Acquires 44,777 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Valicenti Advisory Services Inc. boosted its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 40.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 154,284 shares of the company’s stock after purchasing an additional 44,777 shares during the quarter. JPMorgan US Quality Factor ETF makes up approximately 2.2% of Valicenti Advisory Services Inc.’s holdings, making the stock its 15th biggest position. Valicenti Advisory Services Inc. owned 0.19% of JPMorgan US Quality Factor ETF worth $8,728,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Signaturefd LLC boosted its stake in JPMorgan US Quality Factor ETF by 1.2% in the 3rd quarter. Signaturefd LLC now owns 5,533,652 shares of the company’s stock worth $313,039,000 after purchasing an additional 66,260 shares during the period. LPL Financial LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 16.9% during the 2nd quarter. LPL Financial LLC now owns 3,028,907 shares of the company’s stock valued at $160,381,000 after acquiring an additional 437,404 shares during the last quarter. Savant Capital LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 26.2% during the 2nd quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock valued at $150,825,000 after acquiring an additional 590,900 shares during the last quarter. ST Germain D J Co. Inc. boosted its position in shares of JPMorgan US Quality Factor ETF by 2.6% during the 3rd quarter. ST Germain D J Co. Inc. now owns 2,638,129 shares of the company’s stock valued at $149,239,000 after acquiring an additional 67,948 shares during the last quarter. Finally, Sage Mountain Advisors LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 11.3% during the 2nd quarter. Sage Mountain Advisors LLC now owns 1,716,750 shares of the company’s stock valued at $90,902,000 after acquiring an additional 173,848 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA JQUA opened at $56.62 on Friday. The company has a market capitalization of $4.58 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $41.37 and a one year high of $57.90. The stock has a 50 day moving average price of $55.92 and a 200-day moving average price of $53.56.

About JPMorgan US 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.