HBK Sorce Advisory LLC Invests $1.86 Million in JPMorgan U.S. Quality Factor ETF $JQUA

HBK Sorce Advisory LLC bought a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 29,521 shares of the company’s stock, valued at approximately $1,863,000.

A number of other institutional investors have also added to or reduced their stakes in JQUA. Savant Capital LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 14.7% in the second quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock valued at $503,341,000 after acquiring an additional 1,072,456 shares during the period. Signaturefd LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 2.2% in the 2nd quarter. Signaturefd LLC now owns 5,501,136 shares of the company’s stock worth $330,343,000 after purchasing an additional 120,933 shares in the last quarter. Sage Mountain Advisors LLC grew its position in JPMorgan U.S. Quality Factor ETF by 8.6% in the 2nd quarter. Sage Mountain Advisors LLC now owns 2,711,715 shares of the company’s stock valued at $162,839,000 after purchasing an additional 215,460 shares during the period. Midland Wealth Advisors LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 2.7% during the 2nd quarter. Midland Wealth Advisors LLC now owns 2,026,359 shares of the company’s stock valued at $121,683,000 after purchasing an additional 53,000 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in JPMorgan U.S. Quality Factor ETF by 7.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,752,280 shares of the company’s stock worth $105,224,000 after buying an additional 116,345 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA opened at $63.81 on Wednesday. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two week high of $64.35. The firm has a market capitalization of $7.59 billion, a PE ratio of 23.86 and a beta of 0.93. The company’s 50-day moving average is $62.73 and its 200 day moving average is $61.71.

JPMorgan U.S. 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.