MBA Advisors LLC Purchases 3,278 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

MBA Advisors LLC lifted its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,664 shares of the company’s stock after acquiring an additional 3,278 shares during the quarter. JPMorgan US Quality Factor ETF accounts for approximately 3.4% of MBA Advisors LLC’s portfolio, making the stock its 7th largest holding. MBA Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $7,165,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in JQUA. Signaturefd LLC grew its position in JPMorgan US Quality Factor ETF by 1.2% during the third quarter. Signaturefd LLC now owns 5,533,652 shares of the company’s stock worth $313,039,000 after buying an additional 66,260 shares during the period. LPL Financial LLC grew its position in JPMorgan US Quality Factor ETF by 16.9% during the second quarter. LPL Financial LLC now owns 3,028,907 shares of the company’s stock worth $160,381,000 after buying an additional 437,404 shares during the period. Savant Capital LLC grew its position in JPMorgan US Quality Factor ETF by 26.2% during the second quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock worth $150,825,000 after buying an additional 590,900 shares during the period. ST Germain D J Co. Inc. grew its position in JPMorgan US Quality Factor ETF by 2.6% during the third quarter. ST Germain D J Co. Inc. now owns 2,638,129 shares of the company’s stock worth $149,239,000 after buying an additional 67,948 shares during the period. Finally, Sage Mountain Advisors LLC grew its position in JPMorgan US Quality Factor ETF by 11.3% during the second quarter. Sage Mountain Advisors LLC now owns 1,716,750 shares of the company’s stock worth $90,902,000 after buying an additional 173,848 shares during the period.

JPMorgan US Quality Factor ETF Trading Up 0.2 %

Shares of JQUA opened at $56.64 on Tuesday. The firm’s 50-day moving average is $56.00 and its two-hundred day moving average is $53.64. The firm has a market capitalization of $4.59 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a twelve month low of $41.62 and a twelve month high of $57.90.

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.