JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Position Increased by Concord Asset Management LLC VA

Concord Asset Management LLC VA lifted its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 175,950 shares of the company’s stock after buying an additional 6,185 shares during the period. JPMorgan US Quality Factor ETF comprises approximately 2.2% of Concord Asset Management LLC VA’s portfolio, making the stock its 14th biggest position. Concord Asset Management LLC VA owned about 0.22% of JPMorgan US Quality Factor ETF worth $9,953,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Savant Capital LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 26.2% in the 2nd quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock valued at $150,825,000 after buying an additional 590,900 shares in the last quarter. 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 in the last quarter. Tull Financial Group Inc. acquired a new stake in shares of JPMorgan US Quality Factor ETF during the 3rd quarter worth approximately $24,025,000. Goldstone Financial Group LLC acquired a new stake in JPMorgan US Quality Factor ETF during the third quarter worth $23,250,000. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of JPMorgan US Quality Factor ETF by 63.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 691,322 shares of the company’s stock valued at $36,606,000 after acquiring an additional 269,577 shares in the last quarter.

JPMorgan US Quality Factor ETF Trading Down 1.2 %

JQUA stock opened at $57.56 on Friday. The business’s 50 day moving average is $56.71 and its 200-day moving average is $54.32. JPMorgan US Quality Factor ETF has a 1-year low of $44.89 and a 1-year high of $59.07. The firm has a market cap of $4.66 billion, a P/E ratio of 25.27 and a beta of 0.94.

JPMorgan US 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.