Knightsbridge Asset Management LLC Has $8.88 Million Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Knightsbridge Asset Management LLC raised its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154,976 shares of the company’s stock after buying an additional 2,866 shares during the quarter. JPMorgan US Quality Factor ETF comprises 2.1% of Knightsbridge Asset Management LLC’s investment portfolio, making the stock its 15th largest holding. Knightsbridge Asset Management LLC owned approximately 0.19% of JPMorgan US Quality Factor ETF worth $8,875,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. FPC Investment Advisory Inc. bought a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at $29,000. CENTRAL TRUST Co acquired a new position in JPMorgan US Quality Factor ETF in the 4th quarter valued at approximately $47,000. Abound Wealth Management bought a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter worth approximately $55,000. Fortitude Family Office LLC increased its position in shares of JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after purchasing an additional 550 shares during the period. Finally, New Republic Capital LLC bought a new position in JPMorgan US Quality Factor ETF in the fourth quarter worth $107,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $55.22 on Friday. The company’s fifty day moving average price is $56.16 and its two-hundred day moving average price is $57.62. JPMorgan US Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $60.79. The firm has a market capitalization of $5.54 billion, a PE ratio of 22.94 and a beta of 0.95.

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.