MBA Advisors LLC Has $7.34 Million Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

MBA Advisors LLC boosted its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.2% during the fourth quarter, Holdings Channel reports. The firm owned 128,193 shares of the company’s stock after acquiring an additional 1,529 shares during the quarter. JPMorgan US Quality Factor ETF makes up about 3.7% of MBA Advisors LLC’s investment portfolio, making the stock its 7th biggest position. MBA Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $7,342,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Alpha Financial Partners LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the third quarter valued at approximately $515,000. MorganRosel Wealth Management LLC raised its holdings in JPMorgan US Quality Factor ETF by 1.3% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 113,859 shares of the company’s stock worth $6,441,000 after purchasing an additional 1,415 shares in the last quarter. Redhawk Wealth Advisors Inc. lifted its position in shares of JPMorgan US Quality Factor ETF by 6.9% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 136,050 shares of the company’s stock worth $7,696,000 after purchasing an additional 8,732 shares during the period. High Net Worth Advisory Group LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the 3rd quarter valued at about $526,000. Finally, Tsfg LLC increased its position in shares of JPMorgan US Quality Factor ETF by 3.0% during the third quarter. Tsfg LLC now owns 117,433 shares of the company’s stock valued at $6,643,000 after buying an additional 3,456 shares during the period.

JPMorgan US Quality Factor ETF Stock Performance

JPMorgan US Quality Factor ETF stock opened at $59.80 on Monday. JPMorgan US Quality Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $60.42. The stock’s 50 day simple moving average is $58.69 and its two-hundred day simple moving average is $56.94. The stock has a market cap of $4.84 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

JPMorgan US 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.